Market Update: Broader market outperforming frontline index; these companies scaling 52-week high
NIFTY MICROCAP 250 is the best performer, while NIFTY BANK is the worst performing index.
Taking a positive cue from the US market closing, Nifty 50 opened in green in today’s trade at 17408.45 against the previous close of 17352.45, which means a gap up of 56.0 points. Currently, it is trading at 17357.35. Out of 50 stocks in Nifty, 22.0 are trading below their previous close and 27.0 are trading above their yesterday's close. In today’s trade, more stocks in Nifty are trading in favour of advances. Overall, we see that there are more stocks trading in green.
In the morning trade, the best performing index is NIFTY MICROCAP 250, it is up by 1.98 per cent. This is followed by NIFTY REALTY, which is up by 1.81 per cent. The worst performing index currently 10:44 is NIFTY BANK. It is down by -0.33 per cent. Out of the total 12.0 companies forming part of the index,7.0 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(%)
|
|
Keynote Financial Services Limited
|
144.9
|
144.1
|
140.4
|
18.99
|
|
Mirza International Limited
|
171.25
|
170.9
|
169.85
|
12.95
|
|
Megastar Foods Limited
|
113.5
|
113.35
|
nan
|
9.84
|
|
Vedant Fashions Limited
|
975.0
|
950.2
|
nan
|
9.72
|
|
Fiberweb (India) Limited
|
52.45
|
50.75
|
nan
|
8.32
|
|
Gujarat Mineral Development Corporation Limited
|
149.85
|
146.25
|
143.0
|
5.71
|
|
Shree Ram Proteins Limited
|
90.7
|
90.7
|
86.4
|
4.98
|
|
Focus Lighting and Fixtures Limited
|
117.95
|
117.95
|
112.35
|
4.98
|
|
Mahalaxmi Rubtech Limited
|
164.6
|
164.6
|
156.8
|
4.97
|
|
Vaishali Pharma Limited
|
57.35
|
55.65
|
56.5
|
4.61
|
|
Crest Ventures Limited
|
185.5
|
184.0
|
178.5
|
3.46
|
|
Sree Rayalaseema Hi-Strength Hypo Limited
|
422.5
|
400.35
|
410.0
|
3.28
|
|
South West Pinnacle Exploration Limited
|
230.3
|
226.0
|
228.0
|
3.2
|
|
Godha Cabcon & Insulation Limited
|
121.8
|
118.5
|
117.1
|
2.16
|
|
Accuracy Shipping Limited
|
258.9
|
235.9
|
239.6
|
1.88
|
|
RHI MAGNESITA INDIA LIMITED
|
537.75
|
531.0
|
525.0
|
1.8
|
|
Swelect Energy Systems Limited
|
346.5
|
335.0
|
344.7
|
0.89
|
|
|
|
|
|
|
Overall market is trading in favour of advances. Currently advance to decline ratio stands as 287:110
