 "RIL, ICICI Bank, Coal India, Axis Bank, M&M hit 52-week high")
Reliance Industries, ICICI Bank, Mahindra and Mahindra (M&M), Axis Bank and Coal India from the BSE 30-share Sensex have hits their respective 52-week high level after the benchmark indices rallied over 2% each in trade today.
Hindustan Petroleum Corporation (HPCL), Engineers India, Gujarat State Petronet, Bajaj Finserv and Bajaj Finance are among total 118 stocks which touched one-year high. The S&P BSE Sensex surged 2.3% or 505 points to 22,489, while the National Stock Exchange (NSE) CNX Nifty gained 2.2% or 143 points at 6,803.
ICICI Bank has surged 4% to Rs 1,344, its highest level since 2008 on the BSE. Shares of second largest private sector bank , in terms of market captialisation, touched a record high of Rs 1,465 on January 14, 2008.
Mukesh Ambani-led Reliance Industries (RIL) also touched three-year high and inches towards Rs 1,000 mark. The stock is up 3.5% to Rs 994 on the BSE.
M&M has surged 3.4% to Rs 1,100, nears to its record high of Rs 1,197, after the auto major said that workers have resumed their work at the tractor manufacturing plants in Mohali, Punjab with effect from May 8, 2014. The company has informed that there was no production loss due to the above and all operations continued without any interruptions.
Meanwhile, Ambuja Cements, Hindalco Industries, IDFC, ACC, BPCL, DLF, HDFC, Tata Power Company, Tata Steel, UltraTech Cement, HDFC Bank and Maruti Suzuki India from the 50-share CNX Nifty have rallied more than 3% each.
Hindustan Petroleum Corporation (HPCL), Engineers India, Gujarat State Petronet, Bajaj Finserv and Bajaj Finance are among total 118 stocks which touched one-year high. The S&P BSE Sensex surged 2.3% or 505 points to 22,489, while the National Stock Exchange (NSE) CNX Nifty gained 2.2% or 143 points at 6,803.
ICICI Bank has surged 4% to Rs 1,344, its highest level since 2008 on the BSE. Shares of second largest private sector bank , in terms of market captialisation, touched a record high of Rs 1,465 on January 14, 2008.
Mukesh Ambani-led Reliance Industries (RIL) also touched three-year high and inches towards Rs 1,000 mark. The stock is up 3.5% to Rs 994 on the BSE.
M&M has surged 3.4% to Rs 1,100, nears to its record high of Rs 1,197, after the auto major said that workers have resumed their work at the tractor manufacturing plants in Mohali, Punjab with effect from May 8, 2014. The company has informed that there was no production loss due to the above and all operations continued without any interruptions.
Meanwhile, Ambuja Cements, Hindalco Industries, IDFC, ACC, BPCL, DLF, HDFC, Tata Power Company, Tata Steel, UltraTech Cement, HDFC Bank and Maruti Suzuki India from the 50-share CNX Nifty have rallied more than 3% each.