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Market now: 19 stocks hit 52-week high amid better monsoon forecast

Overall, 34 shares were trading in green in Nifty50 index, while 16 were trading in red in the afternoon trade.

ETMarkets.com|
Updated: Jun 07, 2017, 11.39 AM IST
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Traders were seen piling up position in telecommunications, electronics, food processing, retail and infrastructure sectors.
Traders were seen piling up position in telecommunications, electronics, food processing, retail and infrastructure sectors.
Benchmark NSE Nifty index was trading 38.85 points up at 9,676.00 on Wednesday as the revised forecast of better monsoon enthused investors, who were also waiting for the outcome of RBI's monetary policy meeting later in the day.

Shares of Simplex Infra, Future Retail, Venkys (India), IIFL Holdings, Emami Infra, Cadila Health, Bharat Bijlee, Geo BNP Paribas, Info Edge, SPML Infra, Edelweiss Fin, Can Fin Homes, PSP Projects Ltd., JHS Svendgaard, Kaya Ltd., Colgate-Palmo, Global Vectra, T T Ltd, Endurance Technologies Ltd., KPR Mill hit their fresh 52-week high during the trade on NSE.

However, stocks such as DQ Entertainment, DS Kulkarni Dev, Videocon Ind, Shilpi Cable Tec, Nitin Fire Prot, Karuturi Global, Hindustan Dorr, Hind Nat Glass, High Ground Ent, Guj NRE Coke, DFM Foods, Firstsource Sol, GKW Ltd, SITI Cable Net, Rollatainers Ltd, Kanani Inds, Indian Card Clo, KSS Ltd, Shekhawati Poly, FCS Software touched their fresh 52-week low.

Overall, 34 shares were trading in green in Nifty50 index, while 16 were trading in red in the morning trade.

In the Nifty 50 index, M&M, Vedanta Ltd, Sun Pharma, Aurobindo Pharmaceutical, GAIL, ICICI Bank, Hind Unilever, Bharti Airtel, Hero MotoCorp, Maruti Suzuki, ITC, Lupin, RIL, Cipla, Ambuja Cements, ONGC, Hindalco Industriess, Bank of Baroda, SBI, Indian Oil Corp, Eicher Motors, Asian Paints, Larsen & Toubro, ACC, Infosys were among top gainers.

While BPCL, TCS, Wipro, YES Bank, HDFC, Indiabull Housing Finance, Tata Motors, Zee Entertainment., Adani Ports SEZ, HCL Tech, Tech Mahindra, Power Grid, HDFC Bank, NTPC, Axis Bank, Kotak Bank, Tata Motors, IndusInd Bank, Tata Steel, Dr Reddys Labs, Bosch, Bajaj Auto, Tata Power, Coal India Ltd, Bharti Infratel were trading in red.

The BSE Sensex was trading 142.20 points up at 31,332.76.

Traders were seen piling up position in telecommunications, electronics, food processing, retail, infrastructure, petroleum, fertilisers, finance, leather, paints and pigments, pharmaceuticals and health care, power, hospitality, service, cables, auto ancillaries, information technology, construction, electric equipment, cement sectors.

Whereas selling was visible in aquaculture, packaging, rubber, transport, engineering, textiles, mining, auto, banks, plastics, edible fat, equipments, chemicals, iron and steel, tyres, sugar, consumer durables, miscellaneous, paper, beverages - non-alcoholic, metals - non ferrous, automobiles sectors.

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