Reliance Industries Ltd.: Share market update: Over 25 stocks hit 52-week highs on NSE

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Reliance Industries Ltd.: Share market update: Over 25 stocks hit 52-week highs on NSE

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NEW DELHI: Over 25 stocks, including Reliance Industries, Aarti Industries, Bajaj Finance, Bharat Rasayan, Excel Industries, Exide Industries and GMM Pfaudler, hit 52-week highs on NSE in Thursday’s session.

Graphite India, Havells India, IPCA Laboratories, Jtekt India, Info Edge (India), NELCO, Selan Exploration Technology, Torrent Pharmaceuticals, Vindhya Telelinks and VIP Industries too featured among stocks that touched 52-week highs on NSE today.

On the other hand, ABG Shipyard, Byke Hospitality, DPSC, Indian Terrain Fashions, Jet Airways (India), Pricol, Raj Television Network and Todays Writing Instruments stood among the 22 stocks that touched 52-week lows in Thursday’s trade so far.

Momentum indicator moving average convergence divergence, or MACD, on Thursday showed bullish crossovers on 15 counters on NSE.

Among the stocks that saw bullish crossovers were Bajaj Finance, Gravita India, Filatex India, Menon Bearings, Som Distilleries & Breweries, Maithan Alloys and RPG Life Sciences.

Equity market was in the positive territory amid mixed global cues. Most sectors were in the green, led by realty and bank.

The NSE Nifty index was trading 33 points up at 11,483, while the BSE Sensex was up 158 points at 38,045 around 10:35 am.

In the Nifty index, 25 stocks were in the green and 25 in the red.

ICICI Bank, State Bank of India, Axis Bank, Hindalco Industries and Infosys were leading among Nifty scrips.

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