Home Market Market Now: Over 130 stocks hit fresh 52-week lows on NSE

Market Now: Over 130 stocks hit fresh 52-week lows on NSE


NEW DELHI: Equity markets remained in the bearish mood in Monday's session on heavy losses in metal, realty, capital goods, banking and financial stocks amid a global rout in equity markets.

At 10:55 hours, the NSE Nifty50 index was trading 99 points down at 10,662, while the BSE Sensex was 327 points down at 34,740.

Over 130 stocks including Aditya Birla Capital, Allahabad Bank, Andhra Bank, BSE, Castrol India, Central Bank of India and Corporation Bank hit fresh 52-week lows on NSE in Monday's trade.

Dena Bank, Fortis Healthcare, Gujarat NRE Coke, IDFC Bank, Punjab & Sind Bank, Strides Shasun, Union Bank of India and United Bank of India also joined the bandwagon of stocks that hit new 52-week lows on NSE.

Among the 50 stocks in the Nifty50 index, 15 were in the green, while 35 were in the red.

Gainers of Nifty50 index included Bharti Airtel, Tata Motors, Hindustan Petroleum Corporation, Bharat Petroleum Corporation and Power Grid Corporation of India.

On the other hand, Housing Development Finance Corporation, Vedanta, Larsen & Toubro, UPL and YES Bank were among the top losers in the Nifty pack of stocks.

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