Indian Stock Market Soars: 122 Stocks Hit 52-Week Highs, 161 at Lows
The Indian stock market witnessed a significant recovery today, with 122 stocks hitting 52-week highs and 161 stocks touching 52-week lows. The market was driven by strong gains in public sector banks, automobiles, and real estate stocks.
Stock MarketNifty 50SensexPublic Sector BanksReal EstateReal Estate NewsAug 11, 2025
The Sensex surged 746 points to close at 80,604, while the Nifty 50 gained 221 points to close at 24,585, surpassing the 24,500 level. The market was primarily fueled by substantial gains in public sector banks, automobiles, and real estate stocks. The upbeat sentiment was ignited by strong Q1 earnings from State Bank of India (SBI), resulting in a rally among PSU banks.
Vaibhav Vidwani, Research Analyst at Bonanza, noted that there is a continued strength in mutual fund flows, with record levels of equity inflows and SIP contributions recorded in July. This indicates persistent confidence among retail investors. The main factors contributing to today’s positive market close were robust domestic corporate earnings, notably from SBI, renewed inflows into domestic mutual funds, and favorable global conditions.
Looking forward, market analysts will monitor global developments, including US inflation figures and geopolitical situations, ongoing corporate earnings reports, and foreign investment flows, according to Vidwani.
Rupak De, Senior Technical Analyst at LKP Securities, observed that the Nifty 50 picked up right where it left off on Friday but with a different mood. Rising from the ashes, the index staged a spirited comeback, adding nearly 200 points through the day. “The earlier breakdown now seems to have given way to a short-term pullback, as the market brushed aside recent weakness. We’re not completely out of the woods yet, but Monday’s bounce from the recent low carries enough steam to power further gains. Immediate support lies at 24,337, with the next upside targets seen around 24,850 and 25,000,” said De.
Disclaimer: The views and recommendations above are those of individual analysts, experts, and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.
Frequently Asked Questions
What stocks hit 52-week highs today?
Delhivery Ltd, eClerx Services Ltd, Fortis Healthcare Ltd, Indian Bank, Nuvoco Vistas Corporation Ltd, One 97 Communications Ltd (Paytm), and Sai Life Sciences Ltd are among the stocks that hit 52-week highs today.
Which stocks reached 52-week lows?
Cohance Lifesciences Ltd, Minda Corporation Ltd, Tejas Networks Ltd, Easy Trip Planners Ltd, Protean eGov Technologies Ltd, Quess Corp Ltd, PDS Ltd, Spicejet Ltd, Symphony Ltd, and Tejas Networks Ltd are among the stocks that reached 52-week lows.
What drove the market recovery?
The market recovery was primarily driven by strong gains in public sector banks, automobiles, and real estate stocks, along with robust Q1 earnings from State Bank of India (SBI) and renewed inflows into domestic mutual funds.
What are the immediate support and resistance levels for Nifty 50?
The immediate support for Nifty 50 is at 24,337, with the next upside targets seen around 24,850 and 25,000.
What factors will market analysts monitor next?
Market analysts will monitor global developments, including US inflation figures and geopolitical situations, ongoing corporate earnings reports, and foreign investment flows.
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