NEW DELHI: Over 15 stocks including Oriental Bank of Commerce, Punjab National Bank, Gitanjali Gems, Khaitan Electricals and MVL hit fresh 52-week lows on the NSE during Monday's trade while broader markets were in the positive territory.
Equity markets were bullish on sustained buying in key frontline counters led by metal, auto, capital goods and banking stocks.
Sentiments bolstered in all Asian markets following positive cues from Wall Street.
The NSE Nifty50 index was trading 74 points up at 10,565, while the BSE Sensex was 245 points up at 34,387 around 10:25 am (IST).
Among the 50 stocks in the Nifty50 index, 39 were trading in the green, while 11 were in the red.
Tata Motors, IndusInd Bank, Adani Ports & Special Economic Zone, Larsen & Toubro and Bharat Petroleum Corporation were among the top gainers in the Nifty50 index, while Dr. Reddy's Laboratories, Sun Pharmaceutical Industries, Tata Consultancy Services, Infosys and NTPC were among the top losers.