Market Update: NIFTY METAL index is gaining momentum; these companies are scaling new high

Shashikant Singh
/ Categories: Trending, Mindshare
Market Update: NIFTY METAL index is gaining momentum; these companies are scaling new high

NIFTY REALTY is the worst-performing sector.

Getting a mixed signal from US and European equity market, the Nifty 50 opened in the green despite SGX Nifty indicating otherwise. It opened at 17590.2 against the previous close of 17560.2, which means a gap up of 30.0 points. Currently, it is trading at 17516.3. Out of 50 stocks in Nifty, 33.0 are trading below their previous close and 17.0 are trading above their yesterday's close. In today’s trade, more stocks in Nifty are trading in favour of declines. Overall we see that more stocks are trading in the red. 

In today’s trade, the best performing index is NIFTY METAL which is up by 1.18 per cent. This is followed by NIFTY FMCG, which is up by 0.11 per cent. The worst performing index currently (10:33 AM) is NIFTY REALTY. It is down by -2.76 per cent. Out of the total of 10.0 companies forming part of the index, 8.0 companies are trading in red, 2.0 are trading in green. 

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

Company

New High

LTP

Prev High

Change(%)

Bombay Super Hybrid Seeds Limited

444.05

444.05

370.05

20.0

Bank of Baroda

116.2

115.75

111.9

8.63

AMD Industries Limited

54.3

54.0

53.85

7.57

Cantabil Retail India Limited

950.0

918.0

875.55

5.06

Balkrishna Paper Mills Limited

55.35

55.35

52.75

4.93

Adani Green Energy Limited

2051.2

2023.9

1986.75

3.77

Agarwal Industrial Corporation Limited

573.55

571.0

572.85

3.2

Bedmutha Industries Limited

93.95

91.95

89.8

2.62

Bharat Wire Ropes Limited

87.0

83.6

85.35

0.72

Ambika Cotton Mills Limited

2830.0

2740.1

2762.3

0.03

Century Enka Limited

637.0

619.5

625.95

-0.06

Cholamandalam Investment and Finance Company Limited

682.0

673.3

680.0

-0.36

AVT Natural Products Limited

99.35

96.3

97.95

-0.41

Bhagiradha Chemicals & Industries Limited

1130.0

1089.0

1099.0

-0.7

 

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

Company

New High

LTP

Prev High

Change(%)

Bharatiya Global Infomedia Limited

5.3

5.3

5.05

4.95

Beardsell Limited

20.3

20.3

20.15

4.91

Consolidated Construction Consortium Limited

3.6

3.6

3.45

4.35

Ansal Properties & Infrastructure Limited

17.2

17.0

16.7

3.66

ATN International Limited

0.2

0.2

0.2

0.0

Aksh Optifibre Limited

15.85

14.8

15.8

-3.27

 

Overall market is trading in favour of decline. Currently advance to decline ratio stands as 180:215
 

Rate this article:
5.0

Leave a comment

Add comment
 

DSIJ MINDSHARE

Mkt Commentary14-May, 2024

Swing Trading14-May, 2024

Multibaggers14-May, 2024

Mindshare14-May, 2024

Multibaggers14-May, 2024

Knowledge

MF14-May, 2024

General13-May, 2024

General13-May, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR