Market Update: NIFTY PSU BANK is the standout performer; these companies are scaling new high
NIFTY CONSUMER DURABLES is the worst-performing sector.
The US market saw one of the smartest recoveries in more than a decade and closed in green. Despite such cues, Nifty 50 opened in red at 17001.5 against the previous close of 17149.1, which means a gap down of -147.5 points. Currently, it is trading at 17012.1. Out of 50 stocks in Nifty, 28.0 are trading below their previous close and 22.0 are trading above yesterday's close. In today’s trade, most of the 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 PSU BANK which is up by 1.4 per cent. This is followed by NIFTY MEDIA, which is up by 0.54 per cent. The worst performing index currently at 10:56 AM is NIFTY CONSUMER DURABLES. It is down by -1.23 per cent. Out of the total 15.0 companies forming part of the index, 10.0 companies are trading in red, 5.0 are trading in green.
Following Table Shows Some Companies Scaling 52-Week High(Price >50)
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
Sharda Cropchem Limited
|
524.0
|
514.0
|
455.0
|
17.41
|
Global Education Limited
|
88.15
|
88.15
|
80.15
|
9.98
|
Wonder Fibromats Limited
|
163.9
|
163.9
|
156.1
|
5.0
|
Zodiac Energy Limited
|
137.05
|
137.05
|
130.55
|
4.98
|
SEL Manufacturing Company Limited
|
96.35
|
96.35
|
91.8
|
4.96
|
Bharat Dynamics Limited
|
478.55
|
468.9
|
473.4
|
4.96
|
Power Grid Corporation of India Limited
|
220.2
|
216.5
|
219.25
|
1.17
|
ABB India Limited
|
2468.1
|
2398.1
|
2434.0
|
-0.43
|
Jindal Worldwide Limited
|
340.9
|
314.7
|
333.0
|
-3.98
|
Following Table Shows Some Companies Scaling 52-Week High(Price <50)
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
IL&FS Engineering and Construction Company Limited
|
14.9
|
14.9
|
14.8
|
4.93
|
United Polyfab Gujarat Limited
|
39.35
|
39.35
|
37.5
|
4.93
|
Goenka Diamond and Jewels Limited
|
3.45
|
3.45
|
3.3
|
4.55
|
Kaushalya Infrastructure Development Corporation Limited
|
6.05
|
6.05
|
5.8
|
4.31
|
Vikas EcoTech Limited
|
6.05
|
6.05
|
5.8
|
4.31
|
Consolidated Construction Consortium Limited
|
2.6
|
2.6
|
2.5
|
4.0
|
Antarctica Limited
|
2.85
|
2.85
|
2.75
|
3.64
|
Visesh Infotecnics Limited
|
1.55
|
1.55
|
1.5
|
3.33
|
Overall market is trading in favour of advances. Currently advance to decline ratio stands as 213:183