GMR Infra, IDFC and IFCI touch 52-week high on BSE
BSE Sensex closed with a gain of 240 points at 19603. Many Stocks managed to touch 52 week high on BSE on Monday. The list includes Adlabs Films. The Stock closed at Rs 1042 after touching a high of Rs 1059 on BSE.
Balasore Alloys closed at Rs 74 after touching a high of Rs 78. Emkay Shares touched a high of Rs 258 and ended the day at same level.
GMR Infra touched a high of Rs 262 and closed at Rs 259. The stock is expected to move further as per recommendations of technical analysts. The stock has gained quite decently over past few months. As the fundamentals for the company are strong, the stock is expected to outperform the markets.
IDFC and IFCI touched a high of Rs 217 and Rs 109. IMP Powers also touched a 52 week high of Rs 234. The stock was recommended by TopNews team recently.
Ispat Industries, Jaiprakash Associates and Jaiprakash Hydro also touched their 52 week highs. Jaypee Hotels touched a high of Rs 248.
Neyveli Lignite touched a high of Rs 250. The stock was recommended for delivery by TopNews team recently.
Mukta Arts touched a high of Rs 182. Omaxe touched a high of Rs 449. Welspun Gujarat touched a high of Rs 440 on BSE on Monday.
The stock markets are expected to remain strong on Tuesday as well. If the global markets are strong, Indian markets can cross 20 thousand levels as well.