ECONOMY ANALYSIS
- Sensex ends flat; CNX Midcap Index at record closing high
- Pratibha tanks 5.1% after CRISIL downgrades credit rating
- Nov services activity grows at fastest pace in 5 months
- Sebi's new ODI rules may not be a dampener for fund flows
- China HSBC services PMI edges up to 53 in November
- Rel Cap, Bajaj Finserv, Max soar 4-8% on FDI insurance hope
MARKET ANALYSIS
- Even though the S&P BSE Sensex moved in a narrow range throughout the trading session on Wednesday, but over 200 stocks managed to hit their fresh 52-week highs on the exchange.
- The S&P BSE Sensex closed 1.3 points lower at 28442.71. It hit a low of 28370.73 and a high of 28504.65 in trade today.
- The action was seen more in realty, power, banking and banking sector as 217 stocks rose to their fresh 52-week high on the BSE with small and midcap stocks stealing the limelight.
- The stocks which rose to fresh 52-week highs include names like Axis BankBSE 1.35 %, Yes Bank, ICICI BankBSE 1.27 %, HUL, United Spirits etc.
- The BSE Mid-cap index closed 1.39 per cent higher at 10,499.86 with as much as 27 stocks hitting fresh 52-week highs, which include names like MRF, EIH, Bajaj Corp, Godrej Properties, ING Vysya Bank, Pfizer, Raymond, Tata ChemicalsBSE 1.90 % etc.
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