About
25 stocks including Ashok Leyland, Astec Life Sciences Limited, AU Small
Finance Bank Limited hit fresh 52-week highs on NSE during the second half of
Thursday's trade.
The
Nifty50 carries on remaining caught in a narrow trading band during the hours.
Weak global cues together with profit booking and caution ahead of the April
derivatives expiry dragged the indices lower on Thursday.
At
2.00 PM, the BSE Sensex was trading at 34,587.29, up 86 points, while the
Nifty50 index was trading at 10,576, up 6.35 points.
Shares
of Indiabulls Real Estate Ltd rose 1.15 percent, after earning results. The
stock rose upto 4 percent intraday during the first half. For the fourth quarter FY2018, Indiabull’s
revenue grew 364 percent year-on-year
basis to Rs. 2,027.99 crore as corresponding to Rs. 437.02crore that was in Q3FY 2017.
Axis
Bank stock fell 1.06 percent ahead of its March quarter earnings due later
today. PC Jeweller has clarified with regard to the vertical fall in stock
price and informed the exchanges on that none of the promoters of the company
have sold any shares in the market. PC Jewellers shares were trading 6.63% lower
at Rs. 228.60 at this point.
Yes
bank (-3.36%), TCS (+1.63%), Indusind bank (+1.53%) were the top gainers on
Nifty50, while Infratel (-3.01%), Wipro, (-2.65%), L&T (-2.26%) were the
top losers at this time.
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