Today the National Stock Exchange (NSE) Nifty50 index opened on a positive note above 11,500-mark near 11,531.45 from its previous closing level of 11,483.25. Currently, it is trading near 11,535.15, 51.90 points up. (12:46 PM IST)
During its trading session many stocks hit their fresh 52-week highs on NSE even the shares of Axis Bank that touched its new 52-week high of Rs. 770.00 after breaking its previous 52-week of Rs. 767.00 of Mar. 20, 2019. It rose 1.6 percent intraday today as well as the company said that its board will raise fund on April 25, 2019.
The company’s board meeting will be held on April 25, and continue on April 26 to consider audited financial results of the bank for the quarter and financial year ending on March 31, 2019.
Apart from Axis Bank there are other stocks that hit fresh 52-week highs on NSE today.