Indian benchmarks reversed early morning gains on Thursday on weakness in index heavyweights Reliance Industries (RIL), Bajaj Twins, Asian Paints and Hindustan Unilever (HUL). The S&P BSE Sensex lost 200 points or 0.38% to near 53,535 while the Nifty 50 index fell 16,000. Overall sentiment remained sensitive ahead of the monthly F&O expiry. While the BSE Sensex was up 300 points at 53,450, the NSE Nifty 50 was testing the 15,900 level. In the broader markets, BSE MidCap fell 0.9% while the SmallCap index lost 1, 5%. In the primary market, Aether Industries IPO was 66% subscribed at 11:30 a.m. on the last day of the offering period. The retail quota was subscribed at 75%. A total of 233 stocks hit a 52-week low on BSE, while 45 scrips hit a 52-week high.
Stocks That Hit 52-Week High, Low on BSE
Abhinav Capital Services, Brookfield India Real Estate Trust REIT, Bheema Cements, Galactico Corporate Services, GM Polyplast, Jet Airways, Mehta Housing Finance, Shish Industries were among the stocks that reached 52 weeks on BSE. Meanwhile, Akzo Nobel India, Aditya Birla Sun Life AMC, Amber Enterprises India, Astral, Mrs. Bectors Food Specialties, Berger Paints, Bharat Petroleum Corporation (BPCL), Computer Age Management Services (CAMS), CMS Info Systems, Can Fin Homes, Divi’s Lab, Future Retail, Gillette India, Godrej Properties, Grasim Industries, IDBI Bank, JSW Steel , Dr Lal PathLabs, Route Mobile, SAIL, Sapphire Foods, Tata Communications, TeamLease Services, Venky’s, Whirlpool of Inda, Zensar Tech were among the scripts at new lows.
Stocks that hit 52-week high, bottom on NSE
Only nine stocks reached 52-week highs on NSE intraday, while 220 scrips were at the low. Jet Airways, Kohinoor Foods, Madhya Bharat Agro Products, Medico Remedies, Shanti Overseas (India), Standard Industries were among the stocks that hit a 52-week high. Meanwhile, AGS Transact Technologies, Asian Energy Services, Bajaj Consumer Care, Balaji Telefilms, BPCL, Crompton Greaves, Edelweiss Financial Services, Exide Industries, Glenmark Pharmaceuticals, Godrej Industries, HPCL, IDBI Bank, ICICI Securities, ISGEC Heavy Engineering, JM Financial, LIC, Metropolis Healthcare, NBCC, Orient Cement, Rain Industries, Rategain Travel, Steel Authority of India, Tata Metaliks, Venus Pipes & Tubes were among the stocks at 52-week lows.
Nifty, Sensex top winners, losers
Tata Steel, HDFC Bank, Axis Bank, HDFC, Tech Mahindra, Nestle India, Wipro, Ultratech Cement, TCS, ICICI Bank, Dr Reddy’s, Powergrid were the main winners from Sensex, while Bajaj Finance, Asian Paints, Reliance Industries ( RIL), L&T, Bajaj Finserv, Maruti, Bharti Airtel, IndusInd Bank, HUL, Sun Pharma, M&M were the big losers. In the Nifty pack, JSW Steel, Tata Steel, HDFC Bank, Axis Bank and Hindalco were the top winners, while UPL, Apollo Hospitals, Adani Ports, Divi’s Lab, Asian Paints were the laggards.