Stock market today: 47 stocks hit 52-week lows, 112 stocks at 52-week high as Sensex, Nifty 50 end in green

Mumbai, June 4, 2025 — Indian equity benchmarks ended in the green on Tuesday as the BSE Sensex and NSE Nifty 50 posted modest gains, buoyed by broad-based buying across select sectors. Despite mixed global cues and pockets of domestic concern, investor sentiment remained positive, pushing 112 stocks to their 52-week highs. However, the market also witnessed contrasting movements, with 47 stocks touching their 52-week lows, indicating a widening divergence in stock performance.

Sensex, Nifty Close Higher

The Sensex added 204.45 points or 0.28% to close at 72,986.45, while the Nifty 50 advanced 72.85 points or 0.33%, settling at 22,212.40. Gains were led by banking, IT, and metal stocks, which helped offset losses in FMCG and realty.

Market breadth, though positive overall, remained fragmented. The NSE recorded 1,160 advancing stocks, 968 declining, and 66 remaining unchanged—highlighting a cautious yet opportunistic stance among traders.

Sectoral Performance: Banks and IT Lead Gains

Sectorally, Nifty Bank rose by 0.6%, supported by stocks like ICICI Bank, Axis Bank, and HDFC Bank. Nifty IT followed closely, aided by renewed buying in Infosys and TCS, amid expectations of improved Q1 earnings.

Metal stocks also shined, with JSW Steel and Tata Steel gaining on the back of rising global commodity prices.

However, FMCG, realty, and auto indices saw minor profit booking after recent rallies. Shares of Britannia, Godrej Properties, and Tata Motors edged lower.

Stocks at 52-Week Highs and Lows: A Tale of Two Markets

The standout feature of the day was the stark contrast in stock performances:

• 112 stocks hit their 52-week highs, signaling strong bullish momentum in select pockets.

• Simultaneously, 47 stocks fell to their 52-week lows, underscoring continued pressure in sectors like textiles, small-cap IT, and mid-cap pharma.

Some notable stocks at new highs included:

• Solar Industries

• HDFC Asset Management

• Mazagon Dock Shipbuilders

• Polycab India

In contrast, stocks such as:

• Future Consumer

• Jet Airways (India)

• Reliance Naval and Engineering

hit new lows, reflecting ongoing financial or operational stress.

Analyst Commentary: Uneven Rally a Cause for Caution

“The market's upward movement today is encouraging, especially in light of global uncertainty and recent policy shifts. However, the number of stocks hitting 52-week lows indicates that the rally isn’t broad-based,” said Anita Desai, Senior Equity Strategist at Axis Securities.

She added, “Investors are selectively rewarding fundamentally sound companies while punishing laggards, which is a sign of a maturing market but also one prone to sharp corrections if sentiment shifts.”

Rahul Mishra, Fund Manager at Motilal Oswal AMC, echoed similar sentiments: “This kind of divergence reflects a deeper shift in investor strategy. There’s a clear premium on quality and earnings visibility.”

Global and Domestic Cues Mixed

Global markets offered a subdued backdrop, with US futures trading flat and Asian indices showing mixed results. The ongoing speculation around the US Fed’s stance on interest rates and the stability of crude oil prices kept global sentiment on edge.

Domestically, key indicators such as GST collections, which remained strong, and manufacturing PMI, which rose to a three-month high, supported market optimism. However, concerns around monsoon progress and its impact on inflation and rural demand remained in focus.

Investor Outlook: Stay Selective, Focus on Earnings

The near-term outlook remains cautiously optimistic. Analysts advise investors to focus on large-cap names with strong earnings visibility, as the divergence between quality and underperforming stocks continues to widen.

“Momentum is currently favoring stocks with strong fundamentals. Retail investors should avoid the temptation to chase rallies in penny or stressed stocks,” advised Neeraj Arora, Portfolio Manager at Edelweiss Wealth.

As markets move further into the June quarter earnings season, investors are likely to see increased volatility. Yet, selective sectors—such as capital goods, defence, financial services, and premium consumer goods—are expected to remain attractive.

While the Sensex and Nifty 50 closed in the green, the divergence in stock performance highlights a complex market landscape. With over a hundred stocks hitting new highs and dozens touching lows, the current phase calls for careful stock selection, robust risk management, and a close watch on global and domestic macroeconomic triggers.