Market Now: Stocks that hit 52-week low today

NEW DELHI: Nearly 15 stocks, including FCS Software Solutions, High Ground Enterprise, KSS, LCC Infotech, Lanco Infratech, Rei Agro and Spacenet Enterprises hit their fresh 52-week low on NSE in Friday's early trade as markets, after a positive start, turned cautious.

However, stocks such as AU Small Finance, Bajaj Finance, Bharat Rasayan, Birla Corporation, Aditya Birla Money and Housing & Urban Development Corporation were among the 40 stocks that hit new 52-week high.

Benchmark indices erased the early gains and turned negative soon after Nifty50 crossed 9,900 marks and Sensex crossed 32,000 level.

Weak global cues and selling pressure in FMCG, auto and banking stocks dragged the markets down.

IT index was also trading in red after Infosys Q1 reports revealed a 3.3 per cent sequential drop in company's net profit.

Benchmark Nifty50 index was 21 points down at 9,870, while the 30-share Sensex was 54 points down at 31,983 around 10.20 am (IST).

In the Nifty50 pack, 22 stocks were trading in green, while 28 stocks were in red.

On BSE, 831 stocks were advancing whereas 1,300 stocks were declining.

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