Market Update: NIFTY IT is the best performer; these companies are scaling 52-week high
NIFTY PRIVATE BANK is the worst-performing sector.
Getting a very strong cue from the US market, Nifty 50 too opened with a gap-up. It opened at 17301.05 against the previous close of 17101.95, which means a gap up of 199.10 points. Currently, it is trading at 17315.65. Out of 50 stocks in Nifty, only 3.0 are trading below their previous close while 47.0 are trading above yesterday's close. In today’s trade, there are more stocks in Nifty that are trading in favour of advances. Overall we can see that more stocks trading in green.
After falling most in the last couple of weeks, in today’s trade, the best performing index is NIFTY IT, which is up by 2.98 per cent. This is followed by NIFTY OIL & GAS, which is up by 2.19 per cent. The worst performing index currently (11:00 AM) is NIFTY PRIVATE BANK. It is down by -0.33 per cent. Out of the total 10.0 companies forming part of the index, 2.0 companies are trading in red, and 8.0 are trading in green.
Following Table Shows Some Companies Scaling 52-Week High(Price >50)
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
D B Realty Limited
|
82.5
|
82.5
|
79.0
|
4.96
|
D P Wires Limited
|
368.35
|
367.9
|
350.85
|
4.86
|
Gravita India Limited
|
355.4
|
343.5
|
347.8
|
4.12
|
Dynacons Systems & Solutions Limited
|
263.9
|
244.85
|
236.0
|
3.75
|
Canara Bank
|
247.7
|
246.25
|
247.6
|
3.08
|
Bharat Dynamics Limited
|
511.75
|
496.5
|
499.0
|
2.02
|
Gokaldas Exports Limited
|
417.5
|
402.3
|
410.0
|
1.4
|
IDFC Limited
|
67.25
|
64.05
|
66.0
|
0.0
|
Following Table Shows Some Companies Scaling 52-Week High(Price <50)
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
Antarctica Limited
|
3.2
|
3.2
|
3.05
|
4.92
|
IL&FS Engineering and Construction Company Limited
|
17.15
|
17.15
|
16.35
|
4.89
|
Bharatiya Global Infomedia Limited
|
5.05
|
5.05
|
4.85
|
4.12
|
Goenka Diamond and Jewels Limited
|
3.9
|
3.9
|
3.75
|
4.0
|
Consolidated Construction Consortium Limited
|
2.9
|
2.9
|
2.8
|
3.57
|
Impex Ferro Tech Limited
|
1.3
|
1.3
|
1.3
|
0.0
|
Gangotri Textiles Limited
|
1.7
|
1.7
|
1.7
|
0.0
|
Integra Garments and Textiles Limited
|
5.1
|
5.1
|
5.1
|
0.0
|
Hilton Metal Forging Limited
|
32.0
|
29.35
|
30.85
|
-4.86
|
Overall market is trading in favour of advances. Currently advance to decline ratio stands as 294:103