The NSE witnessed some major action today as several stocks hit fresh 52-week highs, including Laxmi Goldorna House, Hybrid Financial Services, Creative Eye, Vesuvius India, and Reliance Power. Despite this, the benchmark Nifty index dipped slightly by 15.1 points to 25,118.3 amid mixed trading in bluechip stocks. On the flip side, BSL Ltd, Shree Ram Proteins, and Lakshmi Precis were among those hitting new 52-week lows, reflecting a volatile market mood.
Sectoral trends added more color to the day’s trading session. While IT, auto, and retail sectors saw bullish interest, industrial consumables, financial services, and real estate faced selling pressure. Top Nifty 50 gainers included Grasim Industries, Tech Mahindra, and Tata Motors, whereas ICICI Bank, Bajaj Finserv, and Asian Paints struggled to stay afloat.
The Sensex mirrored this cautious sentiment, dropping 10.5 points to 82,434.71. With 24 Nifty50 stocks advancing and 26 declining, the market painted a picture of selective optimism. Traders are closely watching sector rotations, with IT-enabled services and auto stocks leading the charge, while construction and airlines saw profit booking. Stay tuned for more updates as the market unfolds its next moves!