Market Update: NIFTY PSU BANK is the best performer; these companies scaling new high
NIFTY IT is the worst-performing sector.
Once again global cues were not in favour of the equity market and hence Nifty 50 opened red in today’s trade at 17921.0 against the previous close of 17938.4, which means a gap down of -17.4 points. Currently, it is trading at 17841.15, down by more than 90 points. Out of 50 stocks in Nifty, 30.0 are trading below their previous close and 20.0 are trading above yesterday's close. In today’s trade, more stocks in Nifty are trading in favour of declines. Overall, we see that more stocks are trading in green.
In today’s trade, the best performing index is NIFTY MICROCAP 250 it is up by 0.61 per cent. This is followed by NIFTY METAL, which is up by 0.44 per cent. The worst performing index currently (10:15 am) is NIFTY IT, rising yields have led to such underperformance in the IT sector. It is down by -0.85 per cent. Out of the total 10.0 companies forming part of the index,6.0 companies are trading in red, 4.0 are trading in green.
Following Table Shows Some Companies Scaling 52-Week High(Price >50)
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
Control Print Limited
|
436.9
|
428.8
|
432.8
|
11.12
|
Brand Concepts Limited
|
74.55
|
74.55
|
71.0
|
5.0
|
AMD Industries Limited
|
51.5
|
51.45
|
50.45
|
4.89
|
Coffee Day Enterprises Limited
|
78.0
|
76.25
|
73.7
|
4.31
|
Bcl Industries Limited
|
497.0
|
495.0
|
478.1
|
3.84
|
Aarey Drugs & Pharmaceuticals Limited
|
64.2
|
62.85
|
63.7
|
3.29
|
Agarwal Industrial Corporation Limited
|
543.9
|
542.7
|
539.95
|
2.83
|
Ajooni Biotech Limited
|
76.9
|
75.75
|
76.9
|
2.78
|
Balrampur Chini Mills Limited
|
459.85
|
456.45
|
459.0
|
2.08
|
Adani Green Energy Limited
|
1979.3
|
1956.0
|
1950.0
|
0.91
|
Asahi India Glass Limited
|
609.9
|
588.15
|
592.65
|
0.75
|
Chambal Fertilizers & Chemicals Limited
|
484.95
|
478.95
|
484.75
|
-0.81
|
Alpa Laboratories Limited
|
108.8
|
104.0
|
107.3
|
-1.89
|
AXISCADES Technologies Limited
|
131.15
|
124.05
|
127.15
|
-1.98
|
Alkali Metals Limited
|
144.0
|
136.35
|
143.5
|
-4.98
|
Following Table Shows Some Companies Scaling 52-Week High(Price <50)
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
Atlanta Limited
|
28.15
|
28.15
|
26.85
|
4.84
|
Ansal Properties & Infrastructure Limited
|
15.2
|
15.2
|
14.5
|
4.83
|
Consolidated Construction Consortium Limited
|
2.3
|
2.3
|
2.2
|
4.55
|
Antarctica Limited
|
2.6
|
2.6
|
2.5
|
4.0
|
Bkm Industries Limited
|
4.7
|
4.3
|
4.5
|
-4.44
|
Overall market is trading in favour of advances. Currently advance to decline ratio stands as 208:189.