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Stock market update: 87 stocks touched 52-week lows on NSE on Thursday

NEW DELHI: As many as 87 stocks including Weizmann Forex, Vi..

NEW DELHI: As many as 87 stocks including Weizmann Forex, Vivimed Labs, Vakrangee, Tata Consultancy Services, Tata Motors, Ruchi Infrastructure and Rajesh Exports hit 52-week lows on NSE on Thursday.

On the other hand, Bajaj Finserv, Bharat Dynamics, Britannia Industries, City Union Bank, Avenue Supermarts and Godrej Consumer Products stood among the 22 stocks that touched 52-week highs on NSE.

The domestic equity market put up a spectacular show on Thursday, as BSE benchmark Sensex hit two-week high after surging 416 points or 1.19 per cent.

The Nifty50 index jumped 122 points, or 1.15 per cent, to settle at 10,736, with 34 stocks advancing and 16 declining.

Among the sectors, Nifty Bank, financial service and private bank indices clocked up gains of over 2 per cent. However, Nifty Pharma, realty and media indices declined up to 1 per cent. Auto and metal indices too settled in the red.

Sun Pharma, Tata Motors, Dr. Reddy's Laboratories, Hero MotoCorp and Hindalco Industries emerged among the top losers in the Nifty index.

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