Equity benchmarks opened on a positive note on Friday with the Nifty
conquoring the level of 10,100 largly driven by Index heavyweights Reliance Industries which was up 1 percent ahead of its Q2 numbers later in the day hitting a new 52-week high at Rs 890.70. Bharti Airtel
jumped 6 percent thereby extending its yesterday gains. Sensex was also
trading on a strong note in the early morning trade gaining 142 points
at 32,324.
Among the Nifty50 Index, Bharti Airtel was the top gainer, up close to 7 percent followed by Bharti Infratel which gained 3.45 percent. Tata Steel was the other stock which hit the new 52-week high adding 1.98 percent at Rs 706.50. Yes Bank and Reliance Industries were the other top Nifty gainers.
The most active stocks in the Index included names like Reliance Industries, Tata Consultancy Services and Tata Steel.
Within the BSE Index, Idea Cellular reversed its trend and zoomed 5.3 percent followed by Sundaram Fasteners and Can Fin Homes which added 4.3 percent and 3.77 percent respectively.
The stocks which hit new 52-week high in the Nifty included names like Avenue Supermarts, Bharat Financial Inclusion, Dabur India, Havells, JSPL and TVS Motor apart frrom RIL and Tata Steel. In the BSE Index, stocks like NBCC, NIIT Technologies, Adani Transmission, Bombay Burmah, Coromandel International and Britannia Industries were some of the many stocks which hit 52-week high.
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