After the proposal of slashing corporate tax for domestic manufacturing companies the benchmark indices of the domestic market zoomed 4-6 percent. The NSE Nifty50 index is trading 5.21 percent up or 558 pts at 11,258.80 while the BSE-SENSEX is trading 4.69% up or 1691.70 points at 37785.17 levels. (12:28 PM IST)
During the trading session, over 20 stocks have hit their fresh 52-week highs on NSE today. Stocks that hit 52-week highs include Asian Paints, Bata India, Berger Paints, Colgate Palmolive, Crompton Greaves, HDFC Asset Management, IIFL Securities, Nestle India, and Voltas Ltd.
Other stocks such as Timken India, Shree Digvijay, Sequent Scientific, Hindustan Unilever, Grand foundry, and Avenue Supermarket are also some of the stocks that hit their fresh 52-week highs on NSE today.