Market Update: NIFTY METAL index is gaining momentum; these companies are scaling new high
NIFTY REALTY is the worst-performing sector.
Getting a mixed signal from US and European equity market, the Nifty 50 opened in the green despite SGX Nifty indicating otherwise. It opened at 17590.2 against the previous close of 17560.2, which means a gap up of 30.0 points. Currently, it is trading at 17516.3. Out of 50 stocks in Nifty, 33.0 are trading below their previous close and 17.0 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 the red.
In today’s trade, the best performing index is NIFTY METAL which is up by 1.18 per cent. This is followed by NIFTY FMCG, which is up by 0.11 per cent. The worst performing index currently (10:33 AM) is NIFTY REALTY. It is down by -2.76 per cent. Out of the total of 10.0 companies forming part of the index, 8.0 companies are trading in red, 2.0 are trading in green.
Following Table Shows Some Companies Scaling 52-Week High(Price >50)
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
Bombay Super Hybrid Seeds Limited
|
444.05
|
444.05
|
370.05
|
20.0
|
Bank of Baroda
|
116.2
|
115.75
|
111.9
|
8.63
|
AMD Industries Limited
|
54.3
|
54.0
|
53.85
|
7.57
|
Cantabil Retail India Limited
|
950.0
|
918.0
|
875.55
|
5.06
|
Balkrishna Paper Mills Limited
|
55.35
|
55.35
|
52.75
|
4.93
|
Adani Green Energy Limited
|
2051.2
|
2023.9
|
1986.75
|
3.77
|
Agarwal Industrial Corporation Limited
|
573.55
|
571.0
|
572.85
|
3.2
|
Bedmutha Industries Limited
|
93.95
|
91.95
|
89.8
|
2.62
|
Bharat Wire Ropes Limited
|
87.0
|
83.6
|
85.35
|
0.72
|
Ambika Cotton Mills Limited
|
2830.0
|
2740.1
|
2762.3
|
0.03
|
Century Enka Limited
|
637.0
|
619.5
|
625.95
|
-0.06
|
Cholamandalam Investment and Finance Company Limited
|
682.0
|
673.3
|
680.0
|
-0.36
|
AVT Natural Products Limited
|
99.35
|
96.3
|
97.95
|
-0.41
|
Bhagiradha Chemicals & Industries Limited
|
1130.0
|
1089.0
|
1099.0
|
-0.7
|
Following Table Shows Some Companies Scaling 52-Week High(Price <50)
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
Bharatiya Global Infomedia Limited
|
5.3
|
5.3
|
5.05
|
4.95
|
Beardsell Limited
|
20.3
|
20.3
|
20.15
|
4.91
|
Consolidated Construction Consortium Limited
|
3.6
|
3.6
|
3.45
|
4.35
|
Ansal Properties & Infrastructure Limited
|
17.2
|
17.0
|
16.7
|
3.66
|
ATN International Limited
|
0.2
|
0.2
|
0.2
|
0.0
|
Aksh Optifibre Limited
|
15.85
|
14.8
|
15.8
|
-3.27
|
Overall market is trading in favour of decline. Currently advance to decline ratio stands as 180:215