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Siemens, JSL: 9 stocks in Nifty 500 top new highs despite sluggish mood

On Wednesday, shares of Cera Sanitaryware, Jindal Stainless, Siemens, and Triveni Turbine recorded new all-time highs, despite weak market

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Major stocks in Nifty 500 still look bullish

Avdhut Bagkar Mumbai
Despite benchmark indices witnessing a 4-day losing streak, few shares continue to outperform reaching new peaks.  This includes well-known names like Siemens, Persistent Systems, Shree Cement and Equitas Small Finance Bank. Other stocks are Jindal Stainless, Bosch, Cera Sanitaryware, Cyient and Triveni Turbine.

While BSE Sensex and Nifty 50 managed to show some rebound recently, the last 4-days have not been particularly encouraging. Both indices have conquered their respective 50-day moving averages (DMA) lately, but are not indicating a decisive up move.

Moreover, BSE Sensex and Nifty 50 on Wednesday continued their downward journey by falling close to a per cent. However,

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First Published: Feb 22 2023 | 11:35 AM IST

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