Market Update: NIFTY FMCG is the best performing sector; these companies are scaling new high

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Market Update: NIFTY FMCG is the best performing sector; these companies are scaling new high

Market is currently trading in favour of decline, with advance to decline ratio standing as 144:250.

After getting a negative handover from the US market, the Indian equity benchmark, Nifty 50 opened in red as well at 17613.7 against the previous close of 17757.0, which means a gap down of -143.3 points. Currently, it is trading at 17646.35. Out of 50 stocks in Nifty, 35.0 are trading below their previous close and 15.0 are trading above yesterday's close. In today’s trade, more stocks in Nifty are trading in favour of declines. Overall as well, we can see that more stocks are trading in the red. 

 

In today’s trade, the best performing index is NIFTY FMCG it is up by 0.72 per cent helped by a better number from industry leader HUL. This is followed by NIFTY AUTO, which is up by 0.22 per cent. The worst performing index currently 10:12 is NIFTY PSU BANK. It is down by -1.7 per cent. Out of the total 13.0 companies forming part of the index, 12.0 companies are trading in the red.  

 

Following Table Shows Some Companies Scaling 52-Week High(Price >50)

Company

New High

LTP

Prev High

Change(%)

Cambridge Technology Enterprises Limited

117.4

112.5

103.0

11.44

JBM Auto Limited

1647.35

1647.35

1643.9

5.0

Brand Concepts Limited

78.25

78.25

74.55

4.96

Jet Freight Logistics Limited

89.85

89.85

85.6

4.96

Cosmo Films Limited

1889.0

1871.55

1823.7

3.52

Coffee Day Enterprises Limited

84.9

82.4

80.4

2.49

The Andhra Sugars Limited

165.5

159.2

159.6

1.89

Anant Raj Limited

84.5

83.85

83.2

1.82

AMD Industries Limited

51.85

51.55

51.5

0.19

Greaves Cotton Limited

258.9

248.65

251.65

-0.4

Aarvi Encon Limited

104.0

101.25

103.9

-0.54

Adani Green Energy Limited

1986.75

1925.35

1979.3

-2.1

 

Following Table Shows Some Companies Scaling 52-Week High(Price <50)
 

Company

New High

LTP

Prev High

Change(%)

Goenka Diamond and Jewels Limited

3.15

3.15

3.0

5.0

Ansal Properties & Infrastructure Limited

15.95

15.95

15.2

4.93

IL&FS Engineering and Construction Company Limited

14.1

14.1

13.45

4.83

Flexituff Ventures International Limited

44.25

44.1

42.15

4.63

Sri Havisha Hospitality and Infrastructure Limited

4.6

4.6

4.4

4.55

Consolidated Construction Consortium Limited

2.4

2.4

2.3

4.35

Antarctica Limited

2.7

2.7

2.6

3.85

Atlanta  Limited

29.55

27.6

28.15

-1.95

 

Overall market is trading in favour of decline. Currently advance to decline ratio stands as 144:250