As many as 199 scrips scale 52-week high
As many as 199 stocks tracked the strong momentum in the broader market on Tuesday and touched their year-high levels as the BSE benchmark Sensex surged 522.66 points to hit an all-time high of 28,829.29. Among the stocks that touched their 52-week high mark included Axis Bank, HDFC Bank, ICICI Bank and Tata Motors. Others included Yes Bank, Whirlpool of India, SpiceJet, MindTree, MRF and HT Media. From the 30-Sensex constituents, 22 ended the day with gains led by HDFC and Sesa Sterlite Ltd. “Markets touched all-time high on both global as well as local investors huge buying. There is a left out feeling amongst domestic investors who are hugely underweight on equity as an asset class,” said Motilal Oswal, CMD, MO Financial Services.