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Home Markets

Stock market update: Over 30 stocks hit 52-week lows on NSE

by The Editor
June 12, 2018
in Markets
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Stock market update: Over 30 stocks hit 52-week lows on NSE
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NEW DELHI: Over 30 stocks including Arrow Greentech, Golden Tobacco, Indiabulls Integrated Services and IndoStar Capital Finance hit 52-week lows on NSE during Tuesday's trade.

Mindteck (India), Magnum Ventures, Lasa Supergenerics, Kwality, KSK Energy Ventures and JBF Industries also featured among stocks that touched 52-week lows.

Sensex, Nifty were treading higher as investors looked forward to release of key macroeconomic data due today amid a firming trend in Asia.

Buying in IT, pharma, financial, bank and auto stocks ahead of IIP data for April and CPI inflation for May, to be released after market closing today, lifted stocks higher.

The NSE Nifty index was trading 37 points up at 10,824, while the BSE Sensex was up 135 points at 35,619 around 10:50 am.

Among the 50 stocks in the Nifty index, 36 were trading in the green, while 14 were in the red.

Lupin, Dr. Reddy's Laboratories and Cipla were the top gainers in the Nifty index around that time.

On the other hand, Tata Steel, Hindalco Industries and Grasim Industries were among the top losers in the Nifty index.

Original Article

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ET Markets

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The Editor

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