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Over 35 Nifty Scrips Hit 52-Week High Even As Market Trades Lower

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Defying the broader stock market mood which was largely negative due to fresh new-lows of the rupee, macros and other global cues such as looming Turkish crisis and other US-China trade war concerns, the benchmark indices Sensex and Nifty was last trading lower by over 80 and 9 points at 37770 and 11425.15.

 
Over 35 Nifty Scrips Hit 52-Week High Even As Market Trades Lower

Also, investors weighed in the free fall of rupee to record lows of 70.32 mark against the dollar. At the same time, sustained outflows by the FII were also taken into account by the investors whose risk appetite seems to have taken a hit.

 

Notably the buying in select sectors led by auto, pharma, IT and bank space curbed the fall in benchmark indices. However metal stocks were dragged lower.

Some of the stocks that hit 52-week high price today are summarized in the table below with their 52-week high price

Scrip name52-week high price.
InfosysRs. 1432
Axis BankRs. 634.5
Sun PharmaRs. 618
Bajaj FinservRs. 7200
Bajaj FinanceRs. 2908.8
GailRs. 398.8
Astral Poly Technik
Rs. 1188.75
Dabur IndiaRs. 455.75
Balkrishna IndustriesRs. 1411.9
Exide IndustriesRs. 299.7
Havells IndiaRs. 698
Jubilant FoodworksRs. 1539.9
NIIT TechnologiesRs. 1348.30

Read more about: sensex nifty fii rupee
Story first published: Thursday, August 16, 2018, 13:55 [IST]
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