Today the National Stock Exchange (NSE) Nifty50 index which closed near 11,604.50 is now opened near 11,612.05 levels. Currently, it is trading on a lower note near 11,577.80, 26.70 points down. (12:43 PM India GMT +5:30)
On today’s trading session the domestic indices are trading on lower note despite this many stocks hit their fresh 52-week highs on NSE including the Infosys whose shares touched a new 52-week high on NSE of Rs. 773.00 after breaking its previous high of Rs. 772.25 of yesterday. It accomplished this ahead of its Jan-Mar Quarter Results (Q4FY19) on Friday.
If we talk about the past three weeks then the company has outperformed the market by gaining 9 percent, after the IT major commenced buyback offer on Mar 20.
Apart from this, Balaxi Ventures, Jai Balaji Industries, Seamec Ltd, and Spacenet Enterprises India Ltd also touched their new 52-week highs on NSE today.