More than 70 stocks on the BSE hit their fresh 52-week low even as the 30-share Sensex scaled its fresh all-time high in early deals on Wednesday.
Shares of Bharti Airtel, Kwality, Greenply, Videocon Industries, BSL, SP Apparels, Diana Tea, Binny Mills, Hilton Metal, MPL Plastics, Remi Edelstahl, Biopac India, Talwalkars Fitness, JBF Industries, Easun Reyrolle, Sri Adhikari, Hanung Toys, Global Offshore, Sarda Plywood, ARSS Infra, Fedders Electric, Moser Baer and Revathi Equip hit their new 52-week low today.The NSE Nifty index was trading 47.10 points up at 11,055.15 amid buying by domestic institutional investors and easing global crude oil prices.
After hitting its new lifetime high of 36,747.87, the BSE Sensex pared some of its gains.
The index was up 133.76 points at 36,653.72.
On the other hand, Envair Electro, Atlas Jewellery Ind, Dolat Invst, Shree Surgovind, Electrosteel, HEG Ltd, Danlaw Technologies, Deccan Bearings, Cigniti Tech, Astral Poly Tech, Pro Fin Capital Ser, Swaraj Automotives, Tiaan Ayurvedic Herbs, Blue Circle Svc, HDFC Bank, HDFC, Larsen Toubro Infotech, Asian Paints, Bajaj Finserv and Bhagiradha Chem stocks hit their fresh 52-week high today.
In the Nifty 50 index, Ibull HousingFin, ONGC, Zee Entertainment, Eicher Motors, UltraTech Cement, HDFC Bank, HCL Tech, GAIL, Bajaj Auto, BPCL, Indian Oil Corp, HPCL, HDFC and Adani Ports SEZ were among top gainers.
However, Lupin, UPL, Bharti Airtel, Hindalco Industries, Tata Steel, Vedanta, Hindustan Unilever, ICICI Bank, Tata Motors, MM, Titan Company and Bharti Infratel were among top drags.