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Home Markets

Over 100 stocks hit fresh 52-week lows on NSE on Friday

by The Editor
May 4, 2018
in Markets
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Over 100 stocks hit fresh 52-week lows on NSE on Friday
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NEW DELHI: As many as 112 stocks including Amtek Auto, Blue Dart Express, Chennai Petroleum Corporation, HCC, HPCL, Idea Cellular and IDFC Bank hit their 52-week lows level on NSE on Friday.

Tulsi Extrusions, Usher Agro, Uttam Value Steels, Vakrangee, Vimal Oil & Foods, Websol Energy System and Winsome Yarns too featured among stocks that hit fresh 52-week lows on Friday.

Indian equity benchmarks continued maintaining the weak trend on Friday owing to sustained selling in pharma, metal, FMCG and auto counters, amid weak global cues as the US-China trade meet kept investors nervous.

The Nifty50 index closed Friday's session 61 points, or 0.57 per cent, down at 10,618, with 11 stocks advancing and 37 declining. Two stocks remained unchanged in the index.

In the Sensex index, 10 stocks closed the day in the green, while 20 in the red and one unchanged. Sensex lost 188 points, or 0.53 per cent, to settle at 34,915.

Adani Ports and SEZ, GAIL, Tech Mahindra and Hindustan Unilever remained the top Nifty gainers.

On the other hand, Sun Pharma, ITC and Bajaj Auto stood as the top losers in the Nifty index.

Original Article

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The Editor

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