Market Update: NIFTY METAL is shining bright; These companies are scaling new 52-week high
NIFTY IT is the worst-performing sector.
Despite all the negative global cues and negative trading at SGX Nifty, the Nifty 50 opened in green in today’s trade at 18129.2 against the previous close of 18113.05, which means a gap up of 16.1 points. Nevertheless, it lost all the gain and currently, it is trading at 18055.8, down by around 60 points. Out of 50 stocks in Nifty, 27.0 are trading below their previous close and 23.0 are trading above yesterday's close. In today’s trade, more stocks in Nifty are trading in favour of declines. Overall as well we see that more stocks are trading in green.
In today’s trade, the best performing index is NIFTY METAL, it is up by 1.12 per cent. This is followed by NIFTY MEDIA, which is up by 0.97 per cent. The worst performing index currently 10:18 is NIFTY IT. It is down by -1.6 per cent as the hike in bond yields impacted the IT sector adversely. Out of the total 10.0 companies forming part of the index, all companies are trading in the red.
Following Table Shows Some Companies Scaling 52-Week High(Price >50)
|
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
|
Elgi Equipments Limited
|
382.7
|
373.4
|
373.0
|
6.37
|
|
Apar Industries Limited
|
840.15
|
819.0
|
840.0
|
6.09
|
|
Genesys International Corporation Limited
|
447.05
|
447.05
|
425.8
|
4.99
|
|
Godha Cabcon & Insulation Limited
|
117.1
|
117.1
|
111.55
|
4.98
|
|
Alkali Metals Limited
|
143.5
|
143.5
|
136.7
|
4.97
|
|
Brand Concepts Limited
|
71.0
|
71.0
|
67.65
|
4.95
|
|
D B Realty Limited
|
78.0
|
77.5
|
75.35
|
4.17
|
|
Adani Green Energy Limited
|
1950.0
|
1942.5
|
1923.9
|
2.23
|
|
Creative Newtech Limited
|
712.0
|
694.5
|
704.9
|
-0.79
|
Following Table Shows Some Companies Scaling 52-Week High(Price <50)
|
Company
|
New High
|
LTP
|
Prev High
|
Change(%)
|
|
Electrosteel Castings Limited
|
48.0
|
46.55
|
47.0
|
6.64
|
|
Flexituff Ventures International Limited
|
40.15
|
40.15
|
38.25
|
4.97
|
|
Atlanta Limited
|
26.85
|
26.85
|
25.7
|
4.88
|
|
Consolidated Construction Consortium Limited
|
2.2
|
2.2
|
2.1
|
4.76
|
|
Ansal Properties & Infrastructure Limited
|
14.5
|
14.5
|
14.4
|
4.69
|
|
Bkm Industries Limited
|
4.5
|
4.5
|
4.3
|
4.65
|
|
Antarctica Limited
|
2.5
|
2.5
|
2.4
|
4.17
|
|
Cox & Kings Limited
|
3.0
|
3.0
|
2.9
|
3.45
|
|
AJR INFRA AND TOLLING LIMITED
|
3.7
|
3.4
|
3.55
|
-4.23
|
Overall market is trading in favour of advances. Currently advance to decline ratio stands as 211:185.
