Nifty fails to hold its highs despite ITC, HUL, HDFC Bank hitting 52-week high

The BSE Fast Moving Consumer Goods is the top gaining index in the morning trading session. ITC and Hindustan Unilever together are contributing to the index gains and pulling it to higher levels.

ITC is up by 2.1% at Rs 315.30 per share at 10:35 hours IST on BSE. The stock traded on a new 52-week high value of Rs 319.90. Hindustan Unilever is up 1.8% at Rs 1059.65 per share. It also hit a new 52-week high value of Rs 1063.45.

The BSE bankex is trading in the red zone, whereas IndusInd Bank & HDFC Bank are trading in green. IndusInd Bank is up by 0.7% at Rs 1490.30 per share. It hit a 52-week high of Rs 1503.60. HDFC Bank also traded on a new 52-week high of Rs 1648. It is up by 0.5% at Rs 1635 per share.

Bharat Petroleum Corporation is up by 0.7% at Rs 755.50 per share. It traded at a fresh 52-week high value of Rs 769.85.

Meanwhile, Nifty 50 is down by 10 points at 9585, while BSE Sensex is up by 13 points at 31041 at 10:35 hours.

Comments

Popular posts from this blog

Top intraday trading ideas for afternoon trade for Monday 31 December 2018

F&O: Put writing at all immediate strikes shows Nifty may hold up

WELCOME TO SMART MONEY FINANCIAL SERVICES