Moneycontrol
Last Updated : Dec 11, 2018 10:18 AM IST | Source: Moneycontrol.com

Over 200 stocks hit new 52-week low on NSE; volumes of Zensar Tech, Titagarh Wagons surge

200 stocks have hit fresh 52-week low on the NSE as market sentiment remains weak. The stocks to hit the new 52-week low in this morning session included NMDC, Tata Steel, Vodafone Idea, Mahindra & Mahindra, ONGC, Oil India and Cipla.

Sandip Das @Im_Sandip1

A volatile session on Dalal Street as the Indian stock market is in bear grip weighed down by state election results and sudden resignation of RBI Governor Urjit Patel.

The Nifty50 plunged 101 points, trading at 10,386 while the Sensex tanked 366 points and is trading at 34,593.

The breadth of the market favoured the declines with 662 stocks advancing and 908 declining while 474 remained unchanged. On the BSE, 771 stocks advanced, 963 declined and 87 remained unchanged.

200 stocks have hit fresh 52-week low on the NSE as market sentiment remains weak. The stocks to hit the new 52-week low in this morning session included NMDC which is down 1.5 percent followed by Tata Steel, Vodafone Idea, Mahindra & Mahindra, ONGC, Oil India, Cipla, Tata Motors, Bharat Heavy Electricals and Sun Pharma.

Stocks that are witnessing a huge surge in volumes traded today as compared to their 5-day average traded volume included names like Zensar Tech which was trading with volumes of 150,697 shares, compared to its five day average of 7,140 shares, an increase of 2,010.48 percent.

Religare Enterprises was trading with volumes of 78,318 shares, compared to its five day average of 11,895 shares, an increase of 558.43 percent and TCI Finance was trading with volumes of 3,735 shares, compared to its five day average of 1,247 shares, an increase of 199.42 percent.

Punj Lloyd was trading with volumes of 2,353,492 shares, compared to its five day average of 798,201 shares, an increase of 194.85 percent and Titagarh Wagons was trading with volumes of 100,523 shares, compared to its five day average of 43,586 shares, an increase of 130.63 percent.

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First Published on Dec 11, 2018 10:18 am
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