As Nifty ends below 8,900, these 65 stocks hit fresh 52-week high in today’s trade

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Published: September 9, 2016 6:04:51 PM

Apollo Tyres, Dewan Housing Finance Corporation, Hindustan Construction Company, Eicher Motors, Jyothy Laboratories, Patel Engineering, Reliance Infrastructure and Kajaria Ceramics were among 65 stocks that hit fresh 52-week high on NSE on Friday as stocks markets ended lower.

As Nifty ends below 8,900, these 65 stocks hit fresh 52-week high in Friday's tradeApollo Tyres, Dewan Housing Finance Corporation, Hindustan Construction Company, Eicher Motors, Jyothy Laboratories, Patel Engineering, Reliance Infrastructure and Kajaria Ceramics were among 65 stocks that hit fresh 52-week high on NSE.

Apollo Tyres, Dewan Housing Finance Corporation, Hindustan Construction Company, Eicher Motors, Jyothy Laboratories, Patel Engineering, Reliance Infrastructure and Kajaria Ceramics were among 65 stocks that hit fresh 52-week high on NSE on Friday as stocks markets ended lower following profit-booking and tracking their global counterparts after North Korea reportedly conducted a nuclear test. Sensex settled the day 248.03 points down at 28,797.25, while Nifty slumped 85.80 points to settle at 8,866.70. On a weekly basis, both the indices registered gains for second week with NSE Nifty rising 57.05 points, while Sensex jumping 265.14 points.

On Friday’s movement, Jayant Manglik, president, retail distribution, Religare Securities Ltd said,” Nifty edged lower on Friday and lost nearly a percent, tracking feeble global cues and caution ahead of IIP data. After the recent surge, participants also preferred to book some profit, which added to the pressure. Mostly sectoral indices ended lower in line with benchmark; however, the downside remained capped in cash segment. It’s usual to see a pause or consolidation around the record high and that is what we’re seeing in Nifty now. But, we believe it’ll be over soon and Nifty will resume its upward momentum.”

Century Textiles & Industries, Biocon, Hindustan Unilever, Exide Industries, Kotak Mahindra Bank, Rico Auto Industries, Rama Steel Tubes, Thirumalai Chemicals and Uniply Industries were among other stocks that hit their fresh 52-week high on NSE

However, stocks of Rasoya Proteins, Parsvnath Developers, Kridhan Infra, KSS, Raj Rayon Industries and Resurgere Mines & Minerals were among the 14 stocks that hit their fresh 52-week low on NSE on Friday.

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