53 stocks hit 52-week lows, 135 stocks at 52-week high as Nifty 50, Sensex end in green led by metals, financials

Stock market today: On Friday, 135 stocks hit their 52-week highs, including Aditya Birla Capital Ltd, Affle 3I Ltd, Anand Rathi Wealth Ltd, Bajaj Finance Ltd, Gujarat Mineral Development Corporation Ltd (GMDC), Waaree Energies Ltd, and Zydus Wellness Ltd.

In contrast, 53 stocks touched 52-week lows, with notable mentions All Time Plastics Ltd, Bhagiradha Chemicals & Industries Ltd, Dhruv Consultancy Services Ltd, and Laxmi Dental Ltd.The major domestic stock indices, Nifty 50 and Sensex, continued their upward trend for a second consecutive week, driven by weak U.S. employment data that increased expectations for an interest rate cut by the Federal Reserve next week.

The indices climbed 1.5% this week, bolstered by tax reductions on numerous goods in New Delhi and optimism surrounding the potential resumption of trade discussions with the United States.

On Friday, the Nifty 50 increased by 0.43% to reach 25,114, while the BSE Sensex rose by 0.44% to 81,904.7.

This marked the eighth consecutive daily gain for the Nifty 50, its longest winning streak in a year.

(more to come)

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