Breakout Stocks: 52-week highs! How to trade HPCL, Adani Power and Cyient on Tuesday

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Key Points

Indian market closed in the green for the 5th day in a row to hit fresh record highs tracking positive global cues and the ruling party's win in state election results...

India's strong growth prospects going ahead along with moderating inflation and return of foreign investors should augur well for domestic markets in the runup to the Union Budget in February, he said.. Sectorally, buying was seen in oil & gas, banks, public sector, power and capital goods stocks...

Stocks that were in focus include names like HPCL which was up 9%, Adani Power which hit a fresh record high, and Cyient which was up more than 9% to hit a fresh high on Monday.. We have collated a list of three stocks that either hit a fresh 52-week high, or an all-time high or saw a volume or a price breakout...

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