Market Update: NIFTY BANK is the best performing sector; these companies are scaling new 52-week high

Shashikant Singh
/ Categories: Trending, Mindshare
Market Update: NIFTY BANK is the best performing sector; these companies are scaling new 52-week high

NIFTY AUTO is the worst-performing sector.

Despite all the negative cues from the global market Nifty 50 opened in green at 17797.6 against the previous close of 17745.9. Currently, it is trading at 17805.6. Out of 50 stocks in Nifty, 16.0 are trading below their previous close and 34.0 are trading above yesterday's close. In today’s trade, more stocks are trading in favour of advances and overall we see that more stocks are trading in green. 

In today’s trade, the best performing index is NIFTY BANK it is up by 1.13 per cent. This is followed by NIFTY PRIVATE BANK, which is up by 1.04 per cent. The worst performing index currently (11:28 am) is NIFTY AUTO. It is down by -0.39 per cent. Out of the total 15.0 companies forming part of the index, 12.0 companies are trading in red, 3.0 are trading in green. 

Following Table Shows Company Scaling 52-Week High(Price >50) 

Company

New High

LTP

Prev High

Change (%)

Allied Digital Services Limited

169.5

165.7

154.1

7.53

63 moons technologies limited

291.1

291.1

277.25

5.0

Archidply Decor Limited

54.95

54.95

54.9

4.97

Albert David Limited

730.0

701.0

725.0

0.79

 


Following Table Shows Company Scaling 52-Week High(Price <50)

Company New High LTP Prev High Change(%)
Ankit Metal & Power Limited 18.9 18.9 18 5
Anik Industries Limited 34.4 34.4 32.8 4.88
A2Z Infra Engineering Limited 11.95 11.95 11.4 4.82
3P Land Holdings Limited 21.75 21.75 20.75 4.82
AJR INFRA AND TOLLING LIMITED 2.9 2.9 2.9 3.57
Antarctica Limited 1.85 1.85 1.8 2.78

 

The overall market is trading in favour of advances. Currently, the advance to decline ratio stands as 172:119.

 

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