Market Update: Nifty 50 plunges by 285 points; still these companies scaling 52-week high
All sectoral indices trading in red.
Getting a negative cue from the US market and what SGX Nifty was suggesting, Nifty 50 opened in the red at 17451.0 against the previous close of 17605.85, which means a gap down of 154.85 points. Currently it is trading at 17328.2. Out of 50 stocks in Nifty, 44.0 are trading below their previous close and 6.0 are trading above their 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 red.
In today’s trade the index that has fallen least is NIFTY MEDIA, it is down by 0.35 per cent. This is followed by NIFTY OIL & GAS, which is down by -0.38 per cent. The worst performing index currently (10:44 am) is NIFTY IT. It is down by -2.55per cent. Out of the total 10.0 companies forming part of the index, 10.0 companies are trading in red.
Following Table Shows Some Companies Scaling 52-Week High(Price >50)
|
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
|
New Delhi Television Limited
|
168.45
|
166.5
|
142.9
|
18.21
|
|
Speciality Restaurants Limited
|
150.0
|
141.0
|
128.15
|
11.37
|
|
RHI MAGNESITA INDIA LIMITED
|
476.95
|
460.2
|
464.6
|
8.27
|
|
Mahalaxmi Rubtech Limited
|
142.25
|
138.0
|
129.35
|
6.69
|
|
Focus Lighting and Fixtures Limited
|
101.95
|
101.95
|
97.1
|
4.99
|
|
SEL Manufacturing Company Limited
|
172.75
|
172.75
|
164.55
|
4.98
|
|
D B Realty Limited
|
127.7
|
127.7
|
121.65
|
4.97
|
|
South West Pinnacle Exploration Limited
|
222.0
|
219.2
|
212.0
|
4.81
|
|
Shree Ram Proteins Limited
|
78.4
|
78.0
|
74.7
|
4.42
|
|
Mahindra Lifespace Developers Limited
|
347.9
|
326.35
|
321.5
|
1.73
|
|
Poddar Housing and Development Limited
|
313.0
|
304.05
|
306.0
|
1.1
|
|
Gujarat Narmada Valley Fertilizers and Chemicals Limited
|
577.9
|
574.25
|
573.0
|
0.61
|
|
Hindalco Industries Limited
|
553.85
|
548.85
|
553.5
|
0.29
|
|
Omaxe Limited
|
106.15
|
104.85
|
105.6
|
0.24
|
|
Adani Wilmar Limited
|
419.9
|
381.75
|
386.25
|
-1.17
|
Following Table Shows Some Companies Scaling 52-Week High(Price <50)
|
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
|
Cyber Media (India) Limited
|
22.65
|
22.0
|
21.6
|
1.85
|
|
Magnum Ventures Limited
|
16.4
|
15.9
|
16.3
|
0.32
|
|
Genus Paper & Boards Limited
|
16.5
|
15.75
|
16.2
|
-0.32
|
|
Burnpur Cement Limited
|
8.5
|
7.85
|
8.25
|
-4.85
|
|
Consolidated Construction Consortium Limited
|
4.25
|
3.85
|
4.05
|
-4.94
|
Overall market is trading in favour of decline. Currently advance to decline ratio stands as 54:345
