New Delhi, July 6 -- Indiabulls share price hit 5% upper circuit for the second straight session on Monday and touched a fresh 52-week high, led by strong buying momentum. Indiabulls shares gained as much as 5% to a new high of Rs.30.76 apiece on the BSE.

The rally in Indiabulls share price today was supported by robust trading volumes. Around 2 crore equity shares of Indiabulls Ltd changed hands on stock exchanges on July 6, as compared with one week average trading volume of 95 lakh shares and one month average volumes of 68 lakh shares.

The broader rally in the Indian stock market today also lifted the positive momentum in Indiabulls shares. The benchmark Sensex jumped over 500 points and the Nifty 50 surged above 24,450 level.

Broa...