Over 160 stocks hit fresh 52-week lows on NSE

The NSE Nifty50 settled 41 points, or 0.40 per cent, down at 10,115, with 36 stocks declining.

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The 30-share Sensex closed 130 points, or 0.39 per cent, lower at 33,006, with 22 stocks in the red.
NEW DELHI: As many as 166 stocks including BSE, CARE Ratings, Cummins India, D.B.Corp, Emco, Electrosteel Steels, HCC, HMT, Indian Oil Corporation, Jaypee Infratech and Punj Lloyd hit fresh 52-week lows on NSE on Thursday.

On fag-end selling in bank, IT and auto heavyweights, Indian equity benchmarks Nifty and Sensex landed in the negative terrain on Thursday, snapping the gains of the last two consecutive sessions.

The domestic equity market opened on a positive note on Thursday, however, rising crude oil prices and weakness in global markets roiled investors' sentiments here.


The 30-share Sensex closed 130 points, or 0.39 per cent, lower at 33,006, with 22 stocks in the red.

The NSE Nifty50 settled 41 points, or 0.40 per cent, down at 10,115, with 36 stocks declining.

Shares of Vedanta, ONGC, Tata Motors, Reliance Industries, IndusInd Bank, Hindalco, Sun Pharma, GAIL and HDFC Bank stood among the top gainers in the Nifty 50 index.
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However, BPCL, HPCL, State Bank of India, Wipro, ICICI Bank, Maruti Suzuki, Mahindra & Mahindra and Cipla remained among the top losers of the day.

On the NSE, Nifty PSU Bank index plunged over 2 per cent to remain the top loser among the sectoral indices, with IDBI Bank as the solitary gainer in the index. Shares of Syndicate Bank, State Bank of India, Andhra Bank and Bank of India tumbled over 2 per cent on NSE.
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