Stock market update: Over 150 stocks hit 52-week lows on NSE


Tata Motors, HCL Technologies, ITC, ONGC and PowerGrid were among the top losers in the Nifty pack of stocks. 

NEW DELHI: Over 150 stocks, including Tata Motors, Dish TV India, Film Industries, Motherson Sumi System and PNB Housing Finance, hit 52-week lows on NSE during Wednesday's session. 

Finolex Cables, Gujarat Gas, HSIL, Jet Airways (India), Kalpataru Power Transmission, 8K Miles Software Services, Adhunik Metaliks, APL Apollo Tubes, Atlas Cycles (Haryana), Big bloc Construction, Central Depository Services (India), Capital Trust and Kothari Products also featured among stocks that hit 52-week lows on NSE. 

Equity benchmarks Sensex and Nifty were choppy ahead of US Federal Reserve's policy outcome due later in the day amid mixed global cues. 

Investor sentiment turned cautious on selling by foreign institutional investors ahead of the September month derivatives expiry on Thursday. 

The NSE Nifty index was trading 14 points down at 11,053, while the BSE Sensex was down 97 points at 36,555 around 12:30 pm. 

Among the 50 stocks in the Nifty index, 24 stocks were advancing, while 26 were declining in trade. 

Indiabulls Housing Finance, YES Bank, UPL, Titan Company and GAIL (India) were among the top gainers in the Nifty index

Tata Motors, HCL Technologies, ITC, ONGC and PowerGrid were among the top losers in the Nifty pack of stocks





Comments

Popular posts from this blog

Gold prices flat ahead of Trump-Xi meet at G20 summit

Petrol price today: Petrol price cut to below Rs 80 in Mumbai; check latest rates in metros

सेंसेक्स टुडे | शेयर बाजार: मजबूत शुरुआत, यस बैंक 5% लुढ़का