Stock market update: 59 stocks hit 52-week lows on NSE
NEW DELHI: As many as 59 stocks including Caplin Point Laboratories, Cox & Kings, Godfrey Phillips India and Bharatiya Global Infomedia hit 52-week lows on NSE on Tuesday.
Bharti Infratel, kwality, Manpasand Beverages, Ruchi Infrastructure, Tamilnadu Telecommunication and Winsome Yarns also appeared among stocks that touched 52-week lows on NSE today.
On the other hand, 19 stocks including Varun Beverages, Seamec, Radico Khaitan, Pidilite Industries, Hexaware Technologies, Avenue Supermarts, Dabur India, Biocon and Berger Paints hit 52-week highs on NSE.
Indian equities snapped their three-session winning streak on Tuesday owing to losses in bank, financial, FMCG, energy and consumer durables stocks, triggered by weak global cues.
The second half of Tuesday's trade witnessed profit-booking in most sectors, barring IT and auto as weak global cues dealt a blow. Deepening Italian crisis spooked investors as a populist coalition failed to take shape and worries of fresh election loomed.
Besides, a fresh fall in rupee aggravated the bearish sentiment of the market. Though crude oil prices recovered a bit, but it remains a concern, hovering around $75 a barrel.
Benchmark Sensex tanked 216 points, or 0.61 per cent, to finish at 34,949, with only 7 stocks in the green and 24 in the red.
The Nifty50 fell 55 points, or 0.52 per cent, to settle at 10,633. Overall, 16 stocks remained up, while 34 down in the index.
Bharti Infratel, kwality, Manpasand Beverages, Ruchi Infrastructure, Tamilnadu Telecommunication and Winsome Yarns also appeared among stocks that touched 52-week lows on NSE today.
On the other hand, 19 stocks including Varun Beverages, Seamec, Radico Khaitan, Pidilite Industries, Hexaware Technologies, Avenue Supermarts, Dabur India, Biocon and Berger Paints hit 52-week highs on NSE.
Indian equities snapped their three-session winning streak on Tuesday owing to losses in bank, financial, FMCG, energy and consumer durables stocks, triggered by weak global cues.
The second half of Tuesday's trade witnessed profit-booking in most sectors, barring IT and auto as weak global cues dealt a blow. Deepening Italian crisis spooked investors as a populist coalition failed to take shape and worries of fresh election loomed.
Besides, a fresh fall in rupee aggravated the bearish sentiment of the market. Though crude oil prices recovered a bit, but it remains a concern, hovering around $75 a barrel.
Benchmark Sensex tanked 216 points, or 0.61 per cent, to finish at 34,949, with only 7 stocks in the green and 24 in the red.
The Nifty50 fell 55 points, or 0.52 per cent, to settle at 10,633. Overall, 16 stocks remained up, while 34 down in the index.