Stock market update: 147 stocks hit 52-week lows on NSE

NEW DELHI: ABB India, Adani Power, Apollo Hospitals Enterprise, Chennai Petroleum Corporation and Corporation Bank featured among the 147 stocks that touched 52-week lows on NSE on Wednesday.

Engineers India, Electrosteel Steels, GTL Infrastructure, Indo Count Industries, Jammu & Kashmir Bank, Jubilant Industries, Kesar Terminals & Infrastructure and UltraTech Cement also stood among stocks that touched 52-week lows on NSE.

Indian shares suffered strong losses on Wednesday on across the board selling, led by metal, oil & gas, pharma, FMCG and financials.

Surging crude oil prices and falling rupee continued exerting pressure on the market, while weak global cues offered no hope.

Shares of State Bank of India, Tech Mahindra, Cipla, UPL, Larsen & Toubro and NTPC emerged as the top Nifty gainers of Wednesday's session.

On the other hand, HPCL, Vedanta, Tata Steel, BPCL, ONGC and Indian Oil Corporation remained the top losers in the Nifty index.