118 stocks hit 52-week high amid rally in equities

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Press Trust of India Mumbai
Last Updated : Jun 15 2016 | 7:57 PM IST
Nearly 120 stocks hit their one-year high level on the BSE today after the domestic equities rose for the first time in five days sending the benchmark BSE Sensex higher by almost 331 points.
Stocks that touched their 52-week high include Indraprastha Gas, JSW Steel, NTPC, PTC India, PVR, State Bank of Bikaner and Jaipur, State Bank of Travancore, Simbhaoli Sugars, Tata Sponge Iron and Tata Metaliks.
The Sensex closed at 26,726.34, reflecting a gain of 330.63 points or 1.25 per cent. It had lost 625 points in the previous four trading sessions.
"Stocks added to yesterday's late surge in an attempt to break free of the fear from the event risks lined up ahead which had put prices under pressure for the last four days," said Anand James, Chief Market Strategist, Geojit BNP Paribas Financial Services Ltd.
Of the 30-share Sensex components, 25 scrips ended higher while five closed lower.
Among the sectoral indices, capital goods rose by 2.26 per cent followed by utilities 2.06 per cent, power 1.99 per cent, bankex 1.38 per cent and IT 1.31 per cent.
At the BSE, 953 stocks advanced, while 1,545 declined and 163 remained unchanged.
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First Published: Jun 15 2016 | 7:57 PM IST

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