Market Now: Over 30 stocks hit fresh 52-week lows on NSE

NEW DELHI: Over 30 stocks including Amtek Auto, Apollo Micro Systems, Bharat Electronics and Bhushan Steel hit fresh 52-week lows on NSE during Friday's lacklustre trade.

Bharat Petroleum Corporation, Hindustan Petroleum Corporation, Indian Oil Corporation, Siemens, Supreme Infrastructure India and Uttam Value Steels were also among the stocks that hit fresh 52-week lows on NSE.

Weakness in bank stocks post RBI's hawkish policy stance and simmering oil prices dented investor sentiment. Selling was observed across sectors, barring IT.


The NSE Nifty index was trading 31 points down at 10,535, while the BSE Sensex was down 74 points at 34,353 around 12 pm (IST).

Among the 50 stocks in the Nifty index, 13 were trading in the green, while 37 were in the red.

Barring Nifty Pharma, all sectoral indices were in the red on NSE, with Nifty PSU Bank index as the top loser, falling nearly 3 per cent.

Nifty IT, on the other hand, was leading among sectors with a gain of almost 4 per cent. All components in the index were trading with gains.

TCS, Infosys, HCL Tech, Tech Mahindra and Tata Motors were among the top gainers in the Nifty index.

However, YES Bank, Bajaj Finance, Tata Steel, State Bank of India and Vedanta were among the top losers in the Nifty pack of stocks.