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Home Markets

Over 190 stocks defy positive market mood, hit 52-week lows on BSE

by The Editor
October 24, 2018
in Markets
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Over 190 stocks defy positive market mood, hit 52-week lows on BSE
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NEW DELHI: Defying the positive market sentiment, over 190 stocks, including Tata Motors, Time Technoplast, CCL Products, CG Power and Industrial Solutions, D B Corp and GHCL, hit 52-week lows on BSE in Wednesday's session.

Grasim Industries, Wockhardt, Shree Cement, Navkar Corporation, Motilal Oswal Financial Services, Manpasand Beverages, Laurus Labs, Kwality, Kalpataru Power Transmission and Greaves Cotton also featured among stocks that touched 52-week lows on BSE today.

On the other hand, Grandeur Products, Sportking India, Tiaan Ayurvedic & Herbs, Coastal Corporation, Dalal Street Investments and Kothari World Finance featured among stocks that touched 52-week highs on BSE.

Equity benchmarks were in positive terrain as the rupee's bounce back against the dollar and a fall in global crude oil prices bolstered mood.

However, market cooled off a bit on selling in select metal, IT, pharma and auto heavyweights.

The NSE Nifty index was trading 38 points up at 10,185, while the BSE Sensex was up 110 points at 33,957 around 12:35 pm.

In the Sensex index, 16 stocks were trading with gains and 15 were incurring losses.

Asian Paints, IndusInd Bank, Bharti Airtel and HDFC were among the top gainers in the Sensex index.

YES Bank, Adani Ports, Sun Pharma, NTPC, Wipro and Coal India were among the top losers in the Sensex kitty of stocks.

Original Article

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ET Markets

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The Editor

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