Share market update: Over 50 stocks hit 52-week lows on NSE
Equity market was reflecting sombre mood in light of weak global cues after the US imposed tariffs on $200 billion worth of Chinese imports.
By ETMarkets.com | Updated:
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NEW DELHI: Over 50 stocks, including Aptech, Balkrishna Paper Mills, Blue Dart Express, Cera Sanitaryware and Centrum Capital, hit 52-week lows on NSE in Tuesday's session.
Gravita India, Greenply Industries, GRP, HDFC Asset Management Company, Ruchi Soya Industries, SPML Infra, Swaraj Engines and Vikas EcoTech also featured among stocks that touched 52-week lows on NSE today.
However, over 20 stocks, including Monnet Ispat & Energy, Century Extrusions, Delta Magnets and Electrosteel Steels, hit 52-week highs on NSE.
Equity market was reflecting sombre mood in light of weak global cues after the US imposed tariffs on $200 billion worth of Chinese imports.
US President Donald Trump escalated his trade war with China on Monday, imposing 10 per cent tariffs on about $200 billion worth of Chinese imports, but sparing smart watches from Apple and Fitbit and other consumer products such as bicycle helmets and baby car seats, Reuters reported.
The NSE Nifty index was trading 26 points down at 11,352, while the BSE Sensex was down 65 points at 37,521 around 10:45 am.
Among the 50 stocks in the Nifty index, 15 were in the green and 35 were in the red.
Hindustan Unilever, Dr. Reddy's Laboratories, YES Bank, Sun Pharma and Asian Paints were among the top gainers in the Nifty pack of stocks.
Vedanta, Hindalco Industries, Bajaj Auto, Tech Mahindra and Power Grid Corporation were among the top losers in the Nifty index.
Gravita India, Greenply Industries, GRP, HDFC Asset Management Company, Ruchi Soya Industries, SPML Infra, Swaraj Engines and Vikas EcoTech also featured among stocks that touched 52-week lows on NSE today.
However, over 20 stocks, including Monnet Ispat & Energy, Century Extrusions, Delta Magnets and Electrosteel Steels, hit 52-week highs on NSE.
Equity market was reflecting sombre mood in light of weak global cues after the US imposed tariffs on $200 billion worth of Chinese imports.
US President Donald Trump escalated his trade war with China on Monday, imposing 10 per cent tariffs on about $200 billion worth of Chinese imports, but sparing smart watches from Apple and Fitbit and other consumer products such as bicycle helmets and baby car seats, Reuters reported.
The NSE Nifty index was trading 26 points down at 11,352, while the BSE Sensex was down 65 points at 37,521 around 10:45 am.
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Among the 50 stocks in the Nifty index, 15 were in the green and 35 were in the red.
Hindustan Unilever, Dr. Reddy's Laboratories, YES Bank, Sun Pharma and Asian Paints were among the top gainers in the Nifty pack of stocks.
Vedanta, Hindalco Industries, Bajaj Auto, Tech Mahindra and Power Grid Corporation were among the top losers in the Nifty index.
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