{"id":51819,"date":"2018-01-01T12:56:45","date_gmt":"2018-01-01T12:56:45","guid":{"rendered":"http:\/\/www.bnreport.com\/etmarkets-after-hours-rcom-jpa-snap-4-day-rally-125-stocks-at-52-week-highs\/"},"modified":"2018-01-01T12:56:47","modified_gmt":"2018-01-01T12:56:47","slug":"etmarkets-after-hours-rcom-jpa-snap-4-day-rally-125-stocks-at-52-week-highs","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/etmarkets-after-hours-rcom-jpa-snap-4-day-rally-125-stocks-at-52-week-highs\/","title":{"rendered":"ETMarkets After Hours: RCom, JPA snap 4-day rally; 125 stocks at 52-week highs"},"content":{"rendered":"<p>NEW DELHI: Volatility was expected to rise in <a href=\"https:\/\/economictimes.indiatimes.com\/definition\/stocks\" rel=\"noreferrer\" target=\"_blank\">stocks<\/a> in 2018. But a strong selloff on the very first day of the New Year took many traders by surprise, as cues were scanty with most global markets closed for the day.   <\/p>\n<p><a href=\"https:\/\/economictimes.indiatimes.com\/indices\/sensex_30_companies\" rel=\"noreferrer\" target=\"_blank\">Sensex<\/a> lost 244 points, or 0.72 per cent, to settle at 33,812, while the Nifty50 lost 95 points, or 0.90 per cent to end at 10,435. Was it a case of basket selling? Or was it an alarm for more such jitters to come in the days ahead given the widening gap between earnings and valuation.   <\/p>\n<p>Let&#039;s look at the stocks that made news all through Monday:   <\/p>\n<p><strong>     Profit booking drags JP Associates     <br \/><\/strong>   Shares of Jaiprakash Associates tumbled over 3 per cent on account of profit booking after the recent rally. The scrip closed 3.46 per cent down at Rs 25.10. The scrip had advanced over 40 per cent during December 22 and December 29.   <\/p>\n<p><strong>     Higher highs     <br \/><\/strong>   After making a remarkable debut on the bourses on Friday, shares of Astron Paper &amp; Board Mill hit the upper circuit on the second day of trade on Monday. The scrip surged 4.97 per cent to Rs 125.65 on January 1, 2018 after making a spectacular debut on Friday, when it had surged over two-fold from its issue price of Rs 50.   <\/p>\n<figure><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/01\/Master-1.jpg\" alt=\"astron paper (1)\" title=\"astron paper (1)\"\/><\/figure>\n<p><strong>     Rising volatility     <br \/><\/strong>   India VIX, the volatility index on the <a href=\"https:\/\/economictimes.indiatimes.com\/topic\/NSE\" rel=\"noreferrer\" target=\"_blank\">NSE<\/a>, advanced over 5 per cent to 13.3525. The index measures the market&#039;s expectation of volatility in the near term. If it surges, it signifies a rise in near-term volatility and vice versa.   <\/p>\n<figure><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/01\/Master-2.jpg\" alt=\"iNDIA VIX\" title=\"iNDIA VIX\"\/><\/figure>\n<p><strong>     @fresh 52-week high     <br \/><\/strong>   Over 125 stocks on NSE scaled fresh 52-week highs. The list included 3i Infotech, Adani Enterprises, Alankit, DB Realty, <a href=\"https:\/\/economictimes.indiatimes.com\/ganesh-housing-corporation-ltd\/stocks\/companyid-10519.cms\" rel=\"noreferrer\" target=\"_blank\">Ganesh Housing Corporation<\/a>, Hexa Tradex, HEG, Graphhite India and Jindal Steel and Power.   <\/p>\n<figure><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/01\/Master-3.jpg\" alt=\"52-WEEK HIGH (21)\" title=\"52-WEEK HIGH (21)\"\/><\/figure>\n<p><strong>     Spurt in open interest     <br \/><\/strong>   Shares of Reliance Naval witnessed the biggest spike in open interest at 100.09 per cent, followed by <a href=\"https:\/\/economictimes.indiatimes.com\/reliance-power-ltd\/stocks\/companyid-4422.cms\" rel=\"noreferrer\" target=\"_blank\">Reliance Power<\/a> (32.79 per cent) and <a href=\"https:\/\/economictimes.indiatimes.com\/reliance-communications-ltd\/stocks\/companyid-15279.cms\" rel=\"noreferrer\" target=\"_blank\">Reliance Communications<\/a> (17.38 per cent).   <\/p>\n<figure><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/01\/Master-4.jpg\" alt=\"SPURT IN OPEN INTEREST (37)\" title=\"SPURT IN OPEN INTEREST (37)\"\/><\/figure>\n<p><strong>     RCom snaps 4-day rally     <br \/><\/strong>   Shares of Reliance Communication snapped four-day rally on account of profit booking. The scrip, which had advanced 98 per cent during December 22 and December 29, closed 2.26 per cent down at Rs 35.40 on Friday.   <\/p>\n<figure><img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/01\/Master-5.jpg\" alt=\"RCom\" title=\"RCom\"\/><\/figure>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\/\" rel=\"noreferrer\" target=\"_blank\"><\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\" rel=\"noreferrer\" target=\"_blank\"><\/a><\/p>\n<p><a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/etmarkets-after-hours-rcom-jpa-snap-4-day-rally-125-stocks-at-52-week-highs\/articleshow\/62325643.cms\" rel=\"noreferrer\" target=\"_blank\">Original Article<\/a><\/p>\n<p>[contf]<br \/>\n[contfnew]<br \/>\n        <img decoding=\"async\" src=\"http:\/\/www.bnreport.com\/wp-content\/uploads\/2018\/01\/60278104.cms_-5.jpg\"\/><\/p>\n<h5><a href=\"https:\/\/economictimes.indiatimes.com\/\" rel=\"noreferrer\" target=\"_blank\">ET Markets<\/a><\/h5>\n<p>[contfnewc]<br \/>\n[contfnewc]<\/p>\n<p>The post <a href=\"http:\/\/newswirenow.co.uk\/2018\/01\/01\/etmarkets-after-hours-rcom-jpa-snap-4-day-rally-125-stocks-at-52-week-highs\/\" rel=\"noreferrer\" target=\"_blank\">ETMarkets After Hours: RCom, JPA snap 4-day rally; 125 stocks at 52-week highs<\/a> appeared first on <a href=\"http:\/\/newswirenow.co.uk\/\" rel=\"noreferrer\" target=\"_blank\">News Wire Now<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Volatility was expected to rise in stocks in 2018..<\/p>\n","protected":false},"author":1,"featured_media":51820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-51819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ETMarkets After Hours: RCom, JPA snap 4-day rally; 125 stocks at 52-week highs - Business News Report<\/title>\n<meta name=\"description\" content=\"NEW DELHI: Volatility was expected to rise in stocks in 2018..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/etmarkets-after-hours-rcom-jpa-snap-4-day-rally-125-stocks-at-52-week-highs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ETMarkets After Hours: RCom, JPA snap 4-day rally; 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