These Stocks Hit 52-Week Highs Today, Keep These Stocks on Your Radar for Tommorow

Indian Benchmark indices Sensex and the Nifty 50 closed in the red on Wednesday, March 12, losses led by IT heavyweights.

Indian Benchmark indices Sensex and the Nifty 50 closed in the red on Wednesday, March 12, losses led by IT heavyweights.

The Sensex closed 72 points or 0.1 per cent lower at 74,029, while the Nifty closed 27 points or 0.12 per cent higher to 22,470. The Nifty Bank gained 202 points to settle at 48,056 as the Banking stocks rising since early morning trade.

Broader indices closed lower where Nifty Mid-Cap dropped by 0.57 per cent as losses in information technology information technology stocks on worries over a slowdown in the U.S. economy offset gains in Bharti Airtel and Reliance Industries. While Nifty Small-Cap ended marginally lower by 0.21 per cent.

Nifty Private Bank, Nifty Healthcare and Nifty Finance are among the Top Gainers, while currently Nifty IT, Nifty Realty and Nifty Media were among the Top Losers.

Following Stocks Hit 52-week High Today:

Kotak Mahindra Bank Limited is currently trading at Rs 1,982.40 and has reached a new 52-week high of Rs 1,997.00. The previous 52-week high was Rs 1,994.70 on February 19, 2025. The all-time high is Rs 2,252.45, recorded on October 27, 2021. The stock has shown movement near its recent highs, with volume indicating interest at these levels. The price trend suggests it is testing resistance near the 52-week high.

Sarda Energy & Minerals Limited is currently trading at Rs 538.60 and has recorded a new 52-week high of Rs 540.00. The previous 52-week high was Rs 536.00 on March 11, 2025. The all-time high is Rs 2,050.00, reached on August 1, 2023. The stock is moving in a narrow range near its high, with volume activity reflecting participation. The price is testing resistance near the new high.

Welspun Corp Limited is currently trading at Rs 819.80 and has made a new 52-week high of Rs 842.80. The previous 52-week high was Rs 835.00 on January 3, 2025. The all-time high is Rs 842.80, recorded on March 12, 2025. The stock has tested resistance at its all-time high, with volume indicating activity near these levels. The price is moving close to its high zone.

Disclaimer: The article is for informational purposes only and not investment advice