On Friday, NIFTY traded with negative bias and opened lower below from its previous close of 10,768.35 and set to 10,767.65. The negative sentiment shows that somehow, it has been affected by the domestic issues of higher bond yields, weak rupee, and crude prices etc. But, despite this, many big companies’ stock touched the new 52-week high including Bajaj Finance, Reliance ETF Hang Seng BeHS, and Infosys etc.
Bajaj Finance which previously closed at 2,169.45 traded with positive bias and opened at 2,164.90. Later, it was able to break its yesterday’s 52-week high of 2,197.20 and touched a new high of 2,219.95. This back-to-back surge indicates that the Bajaj Finance will rise further.
Next on the list is, Reliance ETF Hang Seng BeHS who recently broke its 52-week high of May month and set to 3,852.18 on the day before yesterday. Now, once again it surged once again and touched a new 52-week high of 3,871.00.
And last on the list is none other but the global technology leader, Infosys which traded in negative bias but later successfully touched the new record of 52-week high of 1,262.00 and broke its yesterdays’.
This uprising in the stock values of these companies will increase their credibility and visibility in the eyes of the investors.