NEW DELHI: Bucking the prevailing bearish trend in market, over 30 stocks including Cyient, Gravita India and Indiabulls Ventures hit fresh 52-week highs on NSE during the first half of trade on Wednesday.Jamna Auto Industries, Mahindra Mahindra, Mindtree, Orient Press, Teamlease Services, TVS Electronics and Zydus Wellness were also among the stocks that hit fresh 52-week highs on NSE.Equity markets were in the red following weakness in the global equities after the US bond yields rose above 3 per cent.Boiling global crude oil prices and a fresh fall in rupee too dented sentiment at domestic level.Investors were holding their moves a day ahead of the expiry of April futures and options contracts.
The NSE Nifty index was trading 22 points down at 10,593, while BSE Sensex was down 57 points at 34,560 around 10:35 am (IST).Bharti Airtel, Wipro, TCS, Tech Mahindra and HCL Tech were among the top gainers in the Nifty index.However, Zee Entertainment, ONGC, NTPC, Cipla and Hindalco Industries were among the top losers in the Nifty kitty.
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