All time high! Welspun Projects, Rajesh Exports hit 52-week high

India Infoline News Service | Mumbai | May 04, 2015 16:53 IST

The broader market ended with bigger gains. The CNX Midcap index surged over 2 percent to 12,965, and the Smallcap index soared 2.5 percent to 5,598.

Market Going Up
A total of 13 stocks touched a fresh 52-week high on NSE today. Prominent among these were — The Byke Hospitality, Kalyani Investment Company, K.P.R. Mill, Mangalam Drugs, Nilkamal, Rajesh Exports, Sanghvi Movers, Signet Industries, Srikalahasthi Pipes, UPL, Welspun Projects and Welspun India.

On Monday, the BSE benchmark index started with a gap-up of 194 points at 27,205.  The index touched a low of 27,159, and soon firmed up on the back of all-round buying.  Aggressive buying in the last one-hour of trades, saw the BSE Sensex rally to a high of 27,538. The BSE index finally ended with a gain of 479 points at 27,491.

The NSE Nifty too opened with a positive gap of 50-odd points at 8,230. The index after touching a low of 8,220, embarked on a north-bound journey. The index reclaimed its 8,300-level, and touched a high of 8,346. The Nifty eventually settled with a strong gain of 1.8 percent (150 points) at 8,332.

The India VIX (Volatility) index was up 0.5 percent at 17.31.

***Note: This is a NSE Chart



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