Stock market update: Over 30 stocks hit 52-week lows on NSE

NEW DELHI: Over 30 stocks, including InterGlobe Aviation (IndiGo), Jagran Prakashan, Mcleod Russel India, Talwalkars Better Value Fitness and TVS Motor Company, hit 52-week lows on NSE in Tuesday's session.

However, over 20 stocks, including Reliance Industries, Bandhan Bank, Bharat Rasayan, Borosil Glass Works, Cigniti Technologies, Dabur India and Avenue Supermarts hit 52-week highs on NSE.

Exide Industries, HEG, Mahindra & Mahindra, Muthoot Capital Services, Orient Electric, Orient Refractories, Punjab Chemicals & Crop Protection and Sanofi India also featured among stocks that touched 52-week highs on NSE today.


Indian equity market was in the negative territory tracking weak global cues.

Investors held back their bets as RBI's monetary policy meeting gets under way. RBI Governor Urjit Patel-headed Monetary Policy Committee (MPC) is expected to announce its decision on the key policy rates on Wednesday.

Global stocks fell as investors awaited critical monetary policy decisions this week. The Federal Reserve's Federal Open Market Committee too will announce its decision on Wednesday.

The NSE Nifty index was trading 35 points down at 11,285, while the BSE Sensex was down 130 points at 37,365 around 11:40 am.

In the Nifty index, 27 stocks were in the green, while 23 were in the red.

Tech Mahindra, Sun Pharmaceutical Industries, HCL Technologies, Hero MotoCorp and Cipla were leading among Nifty gainers.

On the other hand, Indiabulls Housing Finance, BPCL, Axis Bank, Eicher Motors and HDFC were among the top losers in the Nifty index.