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

Shares of Uttam Value Steels, Green Fire Agri, Gitanjali Gems, Touchwood Entertainment, OCL Iron Steel, Gammon India, Sterling Bio, Indian Oil Corporation (IOC), DS Kulkarni Dev, GTN Industries, Allcargo Log and Pipavav Defence were among stocks that scaled their new 52-week lows in morning trade on March 19.

Domestic benchmark index NSE Nifty was down 24.95 points at 10,170.2 following weak Asian cues.

The BSE Sensex was down 52.49 points at 33123.51.


On the other hand, Jindal Worldwide, HEG Ltd, Mask Investments Ltd., Ramgopal Poly, Zenith Birla, Shree Ram Proteins Ltd., GSS Infotech, HG Infra Engineering and Shah Alloys hit their fresh 52-week highs today.

In the Nifty 50 index, Larsen & Toubro, Maruti Suzuki, Hind. Unilever, Bosch, PowerGrid, Bharti Infratel and GAIL were among top gainers.

However, Indian Oil Corp (IOC), BPCL, HPCL, Coal India Ltd, Asian Paints and Tech Mahindra were among top losers.

Traders were seen piling up position in equipments, automobiles, personal care and infrastructure sectors, however, selling were visible in aquaculture, glass, sugar, packaging, rubber, petroleum and textiles sectors.

In the BSE 500 index, 100 stocks were trading in the green, while 399 numbers of stocks remained in the grip of bears.