NEW DELHI: On Wednesday, several companies saw their stock prices reach new highs! Ashapura Minechem, Pokarna Ltd, Ami Organics, Anant Raj, and Mazda Ltd all celebrated hitting fresh 52-week highs during trading on the NSE (National Stock Exchange). Meanwhile, the Nifty index fell by 18.96 points, closing at 23,688.95 because some bigger companies faced selling pressure.
On the flip side, stocks like Spacenet Enterprise, Rana Sugars, Baid Leasing, Odigma Consultancy, and Digjam hit their lowest points in 52 weeks. Out of the 50 companies in the Nifty 50 index, 23 saw their share prices go up, while 27 went down.
Some of the biggest winners in the Nifty 50 included ONGC, TCS, RIL, ITC, and Asian Paints. Sadly, Apollo Hospital, Trent, Shriram Finance, Bajaj Auto, and UltraTech Cement didn’t do so well and ended in the red.
The BSE Sensex also fell, closing down 50.62 points at 78,148.49. Traders were optimistic, buying stocks in sectors like General, IT Services, Auto, and Apparel. However, there was selling in sectors such as Cables, Mining, Education, Defence, and Textiles during the day.
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