The National Stock Exchange (NSE) benchmark NIFTY index which opened slightly above its previous closing level of 10,980.95 to 10,999.50 now starts plunging in its morning trading session. The flat sentiment in the domestic market affected many stocks of companies.
Thus, only a few companies have seen a surge in its stock prices in today’s trading. In NIFTY50, The stocks of companies that hit the fresh 52-week high are Asian Paints, Bandhan bank, ElectroSteel, Excel Corp, Gangotri textiles, and Yes Bank.
The Bandhan Bank which broke its previous 52-week high of yesterday by touching a new high of 633.00 in its stock price.
Update: In the first quarter of FY 2018-19, the Bandhan bank’s profit has registered an increase of 47.5 percent, which is Rs 481.71 crore. It was 327 crores in the same quarter a year ago.