Telecom stocks dazzle as few stocks hit 52-week highs on Monday
Shital Jibhe / 30 Jan 2017
Nifty and Sensex closed on Monday losing 5.6 points and 32.90 points, respectively. The markets remained flat throughout the day with a negative bias. Nifty touched intra-day high of 8662.60 level at lunch hours, but it could not sustain there for a long time.
Nifty and Sensex closed on Monday losing 5.6 points and 32.90 points, respectively. The markets remained flat throughout the day with a negative bias. Nifty touched intra-day high of 8662.60 level at lunch hours, but it could not sustain there for a long time.
The telecom sector was in the limelight. Idea surged by 29 per cent on intra-day basis due to the Vodafone-Idea merger talks. Idea and Bharti Airtel were the most active stocks by volume on Monday’s trading session.
There were ten stocks that touched their new 52-week highs on NSE on a dull day. These were as follows:
Accelya Kale Solutions Ltd, Adani Enterprises Ltd, Adani Transmission Ltd, BASF India Ltd, Bharat Electronics Ltd, Bhandari Hosiery Exports Ltd, Bharat Wire Ropes Ltd, Cairn India Ltd, Cerebra Integrated Technologies Ltd, LT Foods Ltd.
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