Stock market update: Stocks that hit 52-week highs on NSE

NEW DELHI: Shares of Archidply Ind, Shoppers Stop, International Constructions Ltd., Kirloskar Elec and Kritika Wires, hit their fresh 52-week highs at 10:29AM(IST)on NSE.

Benchmark NSE Nifty index rose 48.65 points to 16532.5 amid buying in frontline bluechip stocks.

However, stocks such as Tanla Solutions, Pritika Auto Ind, Karda Const, Future Retail and IMP Powers Ltd, touched their fresh 52-week low.

Overall, 36 shares traded in the green in Nifty50 index, while 14 traded in the red.

In the Nifty 50 index, L&T, Grasim Inds., Sun Pharma, Divis Labs and Cipla were among top gainers, while Apollo Hospital, UPL, Bajaj Finserv, Hero MotoCorp and Kotak Bank traded in the red.

The BSE Sensex was trading 187.72 points up at 55456.21 at 10:29AM(IST).

Traders were seen piling up positions in Construction, Telecommunications, Paper, Defence and Cables sectors, while selling was visible in Auto Ancillaries, Beverages - Alcoholic, Gas & Petroleum, Packaging and Pharmaceuticals sectors.