Share Market News: MIC Electronics Shares Hit Upper Circuit | Check Details Here

Shares of MIC Electronics hit 5 per cent upper circuit on Tuesday. The counter opened at Rs 73.79 on the BSE but gained to hit the high of Rs 77.49 – a gain of 5 per cent from the previous close of Rs 73.80 on the BSE. This is also the 52-week high of the stock. The 52-week low of the stock is Rs 100.02.
Earlier, equity benchmark indices Sensex and Nifty declined in early trade on Tuesday dragged by blue-chip HDFC Bank and fresh foreign fund outflows. Also mixed trends from global markets failed to give direction to the domestic equities.
The 30-share BSE Sensex declined 134.27 points to 79,514.65 in early trade. The NSE Nifty dipped 38.65 points to 24,308.35. From the 30 Sensex firms, HDFC Bank, Tata Motors, Asian Paints, Bajaj Finance, Power Grid and Hindustan Unilever were the biggest laggards.
Bharti Airtel, Sun Pharma, Tata Consultancy Services and Axis Bank were among the gainers. Nine of the ten Adani group firms bounced back during the early trade after declining sharply during intra-day on Monday.
In Asian markets, Seoul and Shanghai were quoting lower while Tokyo and Hong Kong traded in the positive territory. The US markets ended on a mixed note on Monday.
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)