Stock market update: Over 50 stocks touch their 52-week lows on NSE

NEW DELHI: Over 50 stocks, including Balaji Telefilms, AYM Syntex, BPCL and Bombay Rayon Fashions, hit 52-week lows on NSE during Friday's session.

Byke Hospitality, Castex Technologies, Cura Technologies, D B Realty, Future Supply Chain Solutions, Jaiprakash Associates, PG Electroplast, S Chand & Company, Shreyas Shipping & Logistics and Vardhman Textiles, too joined the bandwagon of stocks that touched 52-week lows on NSE.

Indian equity market was lacklustre amid mixed global cues as trade talks between the US and China ended without any significant outcome.


Caution crept in ahead of Federal Reserve Chairman Jerome Powell's speech at the annual global central bank conference in Jackson Hole later in the day.

Besides, profit-booking at record levels amid weakness in the Indian rupee against the US dollar dented sentiment here.

Benchmark NSE Nifty50 index was down 31.35 points at 11,551.4, while the BSE Sensex was 106.19 points down at 38,230.57 around 12:40 pm.

Among the 50 stocks in the Nifty index, 23 stocks were trading with gains while 27 were incurring losses around that time.

ONGC, Bharti Infratel, Grasim Industries, Bajaj Finance and Power Grid Corporation of India were among the top gainers, while YES Bank, ICICI Bank, Sun Pharma, Titan Company and GAIL (India) were among the top losers in the Nifty index.