Charging Ahead! 169 BSE stocks hit fresh 52-week highs; Bajaj Auto, Tata Motors, Titan on the list

Positive global cues and better-than-expected GDP data led to a rise in domestic equities on Friday. A total of 169 stocks hit fresh 52-week highs and gave considerable returns across largecaps, midcaps and smallcaps. Among the largecaps, 19 stocks including Power Finance Corporation, DLF, Tata Motors and Britannia hit their 52-week highs. Newly listed Mankind Pharma also touched its 52-week high. A brokerage firm is positive about the auto sector, specifically suggesting Bajaj Auto for 2Ws and M&M and MSIL for PVs. Aditya Birla Capital’s shares hit a 52-week high after the board approved preferential issuance of Rs 1,250 crore to its promoter and promoter group entity.