On Monday, several stocks reached new highs on the NSE (National Stock Exchange). Companies like Atlas Cycles, Univastu India, ARSS Infra, Bharatiya Global Infomedia, and Indo Thai Securities saw their share prices hit 52-week highs. Meanwhile, the Nifty index fell by 345.55 points, closing at 23,085.95 due to heavy selling of big companies.
While four stocks in the Nifty50 index went up in value, 46 stocks went down. Some of the biggest gainers included Axis Bank, TCS, IndusInd Bank, HUL, and RIL. On the other hand, stocks like Adani Enterprises, Trent, BPCL, BEL, and Adani Ports SEZ dropped in value.
The BSE Sensex also fell, closing down by 1,048.9 points at 76,330.01. Traders showed interest in sectors like General, IT Services, Auto, and Software, while sectors like Defence, Packaging, Textiles, and Electronics faced selling pressure during the day.
Stock Market Update: New Highs and Lows on Nifty Today!
Stock market news: Atlas Cycles and others hit new highs! Nifty falls as major stocks drop. Discover which sectors are rising and which are struggling!
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