Wednesday 18 July 2018

Stock market update: Over 250 stocks hit 52-week lows on NSE

Stock market update: Over 250 stocks hit 52-week lows on NSE
More than 250 stocks including ACC, Accelya Kale Solutions, Ambuja Cements and Bharti Airtel hit 52-week lows on NSE in Tuesday’s exchange while the market was exchanging on a careful note.
Equity markets pared most increases attributable to poor show by select FMCG, money related and innovation stocks. Hindustan Unilever, IndusInd Bank, Kotak Mahindra Bank, HDFC, Bharti Airtel and Infosys were the significant hauls.
Avanti Feeds, Bank of India, BHEL, Capital First, Corporation Bank, Federal Bank, IDFC Bank of Maharashtra, Manpasand Beverages, NBCC (India), NMDCNSE – 1.39 %, Power Grid Corporation of India, PTC India, Reliance Power, Tata Power Company, Union Bank of India and VedantaNSE – 1.24 % additionally highlighted among stocks that contacted 52-week lows on NSE.
The NSE Nifty record was exchanging 19 focuses up at 10,956, while the BSE Sensex was up 51 focuses at 36,375 around 10:55 am.
In the Nifty record, 35 stocks were in the green, yet 15 were in the red.
Among the sectoral records, Nifty FMCG and IT were in the red, while rest were exchanging with picks up.
HPCL, Indian Oil Corporation, ICICI Bank, Sun Pharma and GAIL (India) were among the best gainers in the Nifty record.
Despite what might be expected, Hindustan Unilever, Bharti Airtel, IndusInd Bank, NTPCNSE – 0.52 % and Eicher Motors were standing out of Nifty washouts.

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  1. US Markets: Prepare for the biggest stock-market selloff in months, Morgan Stanley warns.
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