Stock market update: 55 stocks defy positive market sentiment, hit 52-week lows on NSE

NEW DELHI: As many as 55 stocks including Banaras Beads, Bharati Defence and Infrastructure, Coral India Finance & Housing and Cambridge Technology Enterprises hit 52-week lows on NSE on Tuesday despite positive market sentiment.

Hindustan Aeronautics, Mindteck (India), Magnum Ventures, Lasa Supergenerics, Kwality, KSK Energy Ventures, Videocon Industries and JBF Industries also featured among stocks that touched 52-week lows on NSE today.

Healthy buying in most sectors, led by FMCG, pharma, IT, auto and bank, triggered by firm Asian cues after a historic meet between the US President Donald Trump and North Korean leader Kim Jong Un gave a fillip to domestic market sentiment on Tuesday.


The equity barometer Sensex surged by 209 points, or 0.59 per cent, to end the day at 35,693, with 17 stocks advancing and 14 declining.

The Nifty pack climbed 56 points, or 0.52 per cent, finishing Tuesday's session at 10,843 with 29 stocks in the green and 21 in the red.

Barring Nifty Metal, all sectors closed the day with gains, with pharma and PSU bank surging over 2 per cent.

Lupin, Dr Reddy's Laboratories and State Bank of India led the pack of Nifty gainers.

However, Bharti Airtel, Hindalco and Tata Steel stood as the top losers in the Nifty index.