52 Week High Stocks:M&M, ABB, Siemens, ITC And 59 More Stocks Hit 52-Week High Today

Markets are buoyant again in trade on July 8, 2022 largely on positive global cues. US markets ended the overnight session positively. Like Asian markets are also in the green.

Amid such a momentum, Nifty has scaled to new highs in 4 weeks earlier in the previous trading session and in trade today has clocked 16,200 levels. Nifty Bank is still performing better and it is anticipated that Nifty Bank shall outperform Nifty and likewise there is seen traction in the banking pack with buying seen in the space.

Nevertheless broader markets are trading soft.

Meanwhile, of the BSE pack, as per the BSE data as many as 62 stocks have clocked 52-week high today. Some of the prominent plays that have been in limelight for sometime now include stocks of M&M, ABB, ITC among others.

ITC is rejoicing the growth in all its key business verticals and it is probably making new highs every few days.

Also, M&M is cheering the decline in metal prices and was the only Nifty pack to scale to all time high at one particular day.

Others in the list of stocks hitting 52-week high include Tube Investment, Alfavision etc.

Alfavision-the diversified company stock shall be mulling over the stock split proposal today.