The National Stock Exchange (NSE) Nifty50 index which closed near 10,934.35 is now opened on a positive note at the level of 10,965.10. Currently, it is trading near 11,035.00, 100.65 points up. (12:46 PM IST)
It is a good day for benchmark indices that opened on a strong note. Despite many stocks hit their fresh 52-week lows on NSE. Over 200 stocks have hit their fresh 52-week lows including Adhunik Metaliks, Andhra Bank, Arrow Textiles Ltd, Anjani Portland Cement, Tata Chemicals, IDBI Bank, Andhra Cements, Wockhardt, HCL Infosystems, Tata Chemicals, Aban Offshore, BGR Energy, Kwality, and among others.
The stocks also included Reliance Infra which tanked 18 percent followed by Meghmani Organics which shed 13 percent.