Home Market Stock market update: Over 100 stocks hit 52-week lows on NSE

Stock market update: Over 100 stocks hit 52-week lows on NSE

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NEW DELHI: Over 100 stocks, including Century Enka, BHEL, Finolex Industries, Grasim Industries, Greenply Industries, GTPL Hathway and Hindustan Aeronautics hit 52-week lows on NSE during Thursday's trade.

Indiabulls Integrated Services, Kajaria Ceramics, Kitex Garments, Kwality, Max Financial Services, Neuland Laboratories, Power Grid Corporation, Punj Lloyd, Tata Motors and United Bank of India too featured among stocks that hit 52-week lows on NSE.

Market sentiment was subdued amid weak Asian cues.

Asian markets were trading lower as investors look for direction amid growing global trade war tensions.

Besides, the unabated slide of Indian rupee too weighed on the sentiment. At the time of writing this report, rupee was trading 8 paise down.

The NSE Nifty index was trading 21 points down at 10,749, while the BSE Sensex was down 59 points at 35,586 around 10:55 am.

In the Nifty index, 20 stocks were in the green, while 30 stocks were in the red.

YES Bank, Ultratech Cement, Reliance Industries, Bajaj Finserv and Dr. Reddy's Laboratories were among the top gainers in the Nifty index.

On the other hand, Titan Company, Infosys, Tata Motors, Vedanta and Tata Steel were among the top losers in the Nifty pack of stocks.

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