​These 5 midcap stocks record their new 52-week lows; fall up to 14%​

The benchmark index Sensex closed up about 37 points to 60,978 on Tuesday. Despite the market ending with a small gain, six stocks from the BSE midcap index slipped to record their new 52-week lows.

The 52-week low is the lowest price a stock has traded during the last one year. Some traders and investors use this technical indicator as an important factor to analyse a stock’s current value and to predict its future price movement.