Only 18 stocks hit their 52-week high on NSE in Tuesday’ trade as stock markets ended lower on profit-booking. The BSE Sensex ended 205.72 points down at 30,365.25, while NSE Nifty settled the day 52.10 points down at 9,386.15. Global cues also remained volatile following volatile global cues in the aftermath of UK terror attack. At least 22 people were killed and 59 others injured when a suicide bomber blew himself up as thousands of fans were exiting a pop concert in Manchester.
Sameet Chavan (equity technical analyst, Angel Broking) said, “Today, despite having favorable cues, our markets opened flat and corrected sharply in the initial hour to retest Friday’s low of 9390.75. Subsequently, we witnessed a decent recovery in the midst of the session; however, once again a strong selling pressure at higher levels dragged the index lower to test the sub-9400 levels on a closing basis.”
Brigade Enterprises, Container Corporation of India, LT Foods, Eimco Elecon (India), HDFC Bank, Hindustan Unilever, HOV Services, Kesar Enterprises, KIOCL, Lakshmi Finance & Industrial Corporation, Larsen & Toubro Infotech, OCL India, Rajesh Exports, Rane Holdings, Shakti Pumps (India), SKIL Infrastructure, Subros and Websol Energy System were the 18 stocks that hit their 52-week high on Tuesday.
However, 63 moons technologies, ABG Shipyard, Anjani Portland Cement, Bhandari Hosiery Exports, Camlin Fine Sciences, Clariant Chemicals (India), Coal India, DFM Foods, Divi’s Laboratories, Educomp Solutions, Energy Development Company, Flexituff International, GlaxoSmithKline Pharmaceuticals, Global Offshore Services, Gujarat NRE Coke, Housing & Urban Development Corporation, IOL Chemicals and Pharmaceuticals, Khaitan Electricals, Lanco Infratech, Lycos Internet, Mahamaya Steel Industries, Mcnally Bharat Engineering Company, Nitin Fire Protection Industries, Nitin Fire Protection Industries and Music Broadcast were among 82 stocks that hit their 52-week low.