Mumbai, December 4, 2025 – Indian benchmarks may have traded choppy yesterday amid weekly expiry nerves, but select blue-chips and mid-caps bucked the trend, powering to fresh 52-week peaks on strong institutional buying and sector rotation. Asian Paints led the charge with a lifetime high, while metals giant Vedanta and IT services play eClerx extended their dream runs, underscoring resilience in consumer and export-oriented names.
Over 25 stocks and ETFs touched new highs on December 3, with volumes hinting at smart money positioning for December's rate-cut tailwinds and festive recovery plays.
Top 20 Stocks & ETFs Hitting 52-Week Highs Yesterday
- Asian Paints → ₹2,969.20 (+44 pts from prev high)
- eClerx Services → ₹4,959
- Power India → ₹22,840
- Anurag → ₹1,263
- Anondita → ₹685.45
- Vedanta (VEDL) → ₹541.05
- JPOLYINVST → ₹1,184.90
- Can Fin Homes → ₹932
- Univ Cables → ₹1,008
- Venus Rem → ₹799.80
- MVK Agro → ₹798.20 (+166 pts, 26% surge)
- Eclerx → ₹4,959 (repeat breakout)
- Emmvee → ₹248.40
- Sunlite → ₹312.95
- Tankup → ₹770.50
- Aslind → ₹97.50
- Transsteel → ₹167.95
- Psraj → ₹303
- Auto ETF → ₹28.93
- Choice Gold ETF → ₹128.20
Standouts included Asian Paints (+0.15% close at ₹2,950), which hit a record on robust Q3 demand forecasts and margin expansion bets, clocking 2x average volumes. Vedanta (+0.86% to ₹533.75) extended its metals rebound on global copper price spikes, while eClerx (+2.15% to ₹4,898) rode BPO outsourcing tailwinds.
ETFs like Auto and Gold variants also printed highs, reflecting broad inflows into cyclical and safe-haven assets. Small-cap gems such as MVK Agro (+1.99% to ₹798.15) and Transsteel surged on order win rumors, adding fuel to the mid-cap rotation narrative.
Analysts view yesterday's action as a bullish breather after Tuesday's dip, with Nifty's 26,000 hold key for upside to 26,500. However, FII selling (₹2,500 crore net outflow) caps euphoria – favour quality over quantity in this bifurcated tape.
