Stock market live: Maruti Suzuki, Eternal, Paytm among 56 stocks that hit 52-week high today

Stock market live: NIFTY50 and SENSEX are trading in a range after opening lower. As of 10:45 am, NIFTY50 is trading above the 25,000 mark at 25,012, while SENSEX gained over 130 points to trade around 81,760. Benchmark indices are in green for the fifth consecutive trading session driven by hopes of significant GST reforms in coming weeks.

Broader market indices like NIFTY Midcap100 (+0.2%) and NIFTY Smallcap100 (+0.2%) also traded higher today. As many as 56 stocks hit their 52-week highs on the NSE, including Apollo Hospitals, Ashok Leyland, Eternal, Maruti Suzuki, Mahindra EPC Irrigation and others

The volatility index, or India VIX, rose over 0.6% to 11.8. Among the key sectoral indices, NIFTY IT (+1.4%) and NIFTY FMCG (+0.9%) were the top gainers, while NIFTY Media (-0.8%) and NIFTY Pharma (-0.5%) were the top losers.

*As of 10:45 am

Eternal (52-week high: ₹329.65)

Eternal shares rose over 2% intraday to hit a 52-week high of ₹329.6 per share as of 10:45 am. The company saw a traded value of over ₹856 crore, while its market cap stood at ₹3.17 lakh crore. The company’s shares are up over 18% so far this year.

Experts believe Eternal’s quick-commerce business, Blinkit, has huge growth potential and is likely to become EBITDA positive by the end of this fiscal year.

Paytm (52-week high: ₹1,238)

Paytm shares rose over 1% intraday to hit a 52-week high of ₹1,238 per share. Paytm shares have outperformed the markets by rising early 22% so far this year. According to media reports, Motilal Oswal Mutual Fund has increased its stake in One 97 Communications Ltd, the parent company of Paytm, to 5.15% of the company’s total equity capital.

Maruti Suzuki (52-week high: ₹14,362)

Shares of Maruti Suzuki advanced over 10% this week, along with other automaker stocks, after the government proposed next-generation GST reforms by Diwali 2025, including GST rate rationalisation. Experts believe GST rates on automobiles could be reduced to 18% from the current 28% on entry-level two-wheelers, compact cars and hybrids, which could boost demand for cars and bikes.