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Stock market today: 59 stocks hit 52-week lows, 156 stocks at 52-week high as Nifty 50, Sensex end flat
Stock market today: 59 stocks hit 52-week lows, 156 stocks at 52-week high as Nifty 50, Sensex end flat

Mint

time07-07-2025

  • Business
  • Mint

Stock market today: 59 stocks hit 52-week lows, 156 stocks at 52-week high as Nifty 50, Sensex end flat

Stock market today: On Monday, 156 stocks hit their 52-week high, including Apollo Hospitals Enterprise Ltd, EID Parry India Ltd, Fortis Healthcare Ltd, Glenmark Pharmaceuticals Ltd, Kama Holdings Ltd, Laurus Labs Ltd, L&T Finance Ltd, Muthoot Finance Ltd, Navin Fluorine International Ltd, and The Ramco Cements Ltd. In contrast, 59 stocks touched 52-week lows, with notable mentions like Jindal Worldwide Ltd, Protean eGov Technologies Ltd, R K Swamy Ltd, Dreamfolks Services Ltd, V R Films & Studios Ltd, and Alacrity Securities Ltd. The Indian stock market ended today on a slight positive note despite facing early fluctuations and global uncertainties. The Nifty 50 closed near the 25,461 mark, demonstrating strength after starting the day a bit lower due to worries about the US-India trade agreement and regulatory actions, such as SEBI's temporary ban on the US quantitative firm Jane Street. The Sensex stayed relatively stable, indicating a careful attitude among investors. According to Vaibhav Vidwani, a Research Analyst at Bonanza, the market's positive closing was mainly fueled by ongoing buying interest from domestic institutional investors, which helped mitigate the impact of global trade tensions and profit-taking at elevated levels. Key sectors including FMCG, oil & gas, and real estate experienced selective buying, enhancing the overall stability of the market. Vidwani said that looking forward, market expectations appear cautiously optimistic. The short-term trend is likely to hinge on the clarity surrounding US-India trade discussions and domestic corporate earnings for Q1 FY26. Although global macro factors continue to create volatility, consistent domestic institutional support and strong sector performance may act as a cushion for the markets, facilitating a gradual recovery and consolidation in the weeks ahead.

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