Market Update: NIFTY METAL shines in the morning session; These companies are scaling 52-week high

Shashikant Singh
/ Categories: Trending, Mkt Commentary
Market Update: NIFTY METAL shines in the morning session; These companies are scaling 52-week high

NIFTY REALTY is the worst-performing sector.

Indian equity (Nifty 50) opened in the green despite a negative handover from the US market. All US indices closed with a deep cut in yesterday’s trade and Nasdaq was the worst performer down by 3.74 per cent.  

Nifty 50 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 17550.05. Out of 50 stocks in Nifty, 28.0 are trading below their previous close and 21.0 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 green. 

In today’s trade, the best performing index is NIFTY METAL which is up by 1.45 per cent. This is followed by NIFTY MICROCAP 250, which is up by 0.57 per cent. The worst performing index currently (10:29 AM) is NIFTY REALTY. It is down by -1.44 per cent. Out of the total 10.0 companies forming part of the index, 6.0 companies are trading in red, 4.0 are trading in green. 

Following Table Shows Some Companies Scaling 52-Week High(Price >50)
 

Company

New High

LTP

Prev High

Change(%)

Ambika Cotton Mills Limited

2590.0

2584.45

2340.0

12.27

Bombay Super Hybrid Seeds Limited

369.95

365.95

355.7

8.77

D B Realty Limited

100.15

100.15

95.4

4.98

Bedmutha Industries Limited

89.8

89.8

88.0

4.97

Balkrishna Paper Mills Limited

52.75

52.65

51.3

4.78

Century Enka Limited

604.0

595.45

595.0

4.58

Deepak Fertilizers and Petrochemicals Corporation Limited

649.95

648.5

622.35

4.2

Dhampur Sugar Mills Limited

411.35

406.0

405.5

3.26

Arihant Capital Markets Limited

336.0

326.0

328.05

3.23

The Andhra Sugars Limited

171.05

166.85

165.5

2.9

Avadh Sugar & Energy Limited

684.0

671.0

675.0

2.29

DCM Shriram Industries Limited

116.75

112.2

115.8

2.28

Dwarikesh Sugar Industries Limited

102.35

100.1

101.0

1.47

AMD Industries Limited

53.85

52.15

51.95

1.07

Agarwal Industrial Corporation Limited

572.85

565.3

569.8

0.8

Everest Industries Limited

713.05

678.05

712.9

-2.08

Bharat Road Network Limited

59.45

55.75

57.05

-2.28

Bigbloc Construction Limited

90.8

84.45

88.85

-4.95

 

 

Following Table Shows Some Companies Scaling 52-Week High(Price <50)
 

Company

New High

LTP

Prev High

Change(%)

Consolidated Construction Consortium Limited

3.45

3.45

3.3

4.55

Aakash Exploration Services Limited

33.3

32.25

31.05

3.86

 

 

Overall market is trading in favour of advances. Currently advance to decline ratio stands as 200:195
 

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