HDFC, HDFC Bank, Ranbaxy buck downtrend

R. Y. Narayanan Updated - March 12, 2018 at 12:40 PM.

The HDFC twins -- HDFC and HDFC Bank -- were among the 11 Nifty stocks that advanced in a falling market today where 13 of the 50 Nifty shares hit their 52-week lows.

Surprisingly, Ranbaxy, which has been witnessing a sustained selling pressure for about three weeks, and Maruti were also among the gainers.

Ranbaxy was up by Rs 12.40 to close at Rs 395.70. HDFC Bank, which closed at Rs 415.40, a gain of Rs 9.40, and HDFC, which edged up Rs 4.25 to end at Rs 622.50 were among the other gainers.

The stocks to hit the 52-week lows were IDFC (Rs 100), Siemens (Rs 626.70), PNB (Rs 771), RCom (Rs 60.80), SBI (Rs 1571.10), Reliance (Rs 709.20), R.Power (Rs 70), Axis Bank (Rs 808.85), Sesa Goa (Rs 148.30), Tata Power (Rs 80.15), Tata Steel (Rs 340.60), L&T (Rs 970.50 and JP Associates (Rs 52.85) were the other Nifty stocks to touch their 52-week lows today.

Published on December 20, 2011 12:00
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