NEW DELHI: Defying the bearish mood of market, as many as 14 stocks incuding Opto Circuits (India), Page Industries, Tata Elxsi and Dr.
Lal Path Labs hit 52-week highs on NSE on Monday.Bang Overseas, Jubilant Foodworks, Bajaj Finance, Bajaj Finserv and Abbott India also featured among stocks that hit 52-week highs on Monday.Headline indices Sensex and Nifty finished Monday's trade with losses, tracking weak global cues, as worries of a trade war between the US and world's other economies kept haunting investors.
The BSE Sensex stopped at 35,470, down 219 points or 0.61 per cent.Nifty pared 59 points, or 0.55 per cent, finishing day's trade at 10,762.Overall, 14 stocks remained in the green in the Nifty index, compared with 35 in the red and one unchanged.Sensex settled with 7 stocks advancing and 24 declining.UltraTech Cement, Bajaj Finance and Infosys stood as the top gainers in the Nifty index.
Global financial firm Morgan Stanley raised the target price of Infosys to 1,360 rupees from 1,261 rupees.