INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Astral Poly Technik, Biocon, Dabur India, Mahindra Mahindra, Merck, Pidilite Industries, Radico Khaitan and Varun Beverages
appeared among stocks that touched 52-week highs on NSE during Wednesday's trade.
By 10:20 am, as many as 10 stocks had hit 52-week highs on
NSE.
On the contrary, over 50 stocks including Adroit Infotech, Bharatiya Global Infomedia, Gulshan Polyols and Sri Havisha Hospitality and
Infrastructure hit 52-week lows on NSE during Wednesday's trade.
Equity markets were down, tracking a weak trend in global markets amid
fresh concerns of a possible China-US trade war.
Unabated capital outflows by foreign funds and profit-booking by retail investors too
dampened sentiments.
There was caution among investors ahead of the May month derivatives expiry tomorrow.
The NSE Nifty index was trading
50 points down at 10,583, while the BSE Sensex was down 123 points at 34,827 around 10:15 am.
In the Nifty index, 14 stocks were up, while
36 were down.
Coal India, Power Grid Corporation and Mahindra Mahindra were among the top gainers in the Nifty index, while HPCL, Hindalco
Industries and Cipla were among the top Nifty losers