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Stock market update: Over 20 stocks hit 52-week lows on NSE

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Stock market update: Over 20 stocks hit 52-week lows on NSE
Tata Motors, Eicher Motors, Vedanta, Reliance Industries and Bharti Airtel were among the top losers in the Nifty pack of stocks.
NEW DELHI: Over 20 stocks, including Mcleod Russel India, Rane Brake Lining, Vivimed Labs, Khaitan Electricals, Stampede Capital and Rajdarshan Industries, hit 52-week lows on NSE in Thursday's trading session.

On the other hand, over 20 stocks, including AIA Engineering, AstraZeneca Pharma India, Avenue Supermarts, Excel Crop Care, Excel Industries, Graphite India, IndusInd Bank and Torrent Pharmaceuticals, hit 52-week highs on NSE today.

Market sentiment was bearish on heavy selling in metal, auto, banking, capital and realty stocks amid sustained capital outflows by foreign funds after the RBI yesterday hiked repo rate for the second time in two months.

Global cues too were weak on renewed US-China trade war concerns.

The NSE Nifty index was trading 58 points down at 11,289, while the BSE Sensex was down 207 points at 37,315 around 10:45 am.

In the Nifty index, 17 stocks were trading with gains, while 33 were incurring losses.

HPCL, Dr. Reddy's Laboratories, Sun Pharmaceutical Industries, Cipla and Lupin were leading among Nifty gainers.

However, Tata Motors, Eicher Motors, Vedanta, Reliance Industries and Bharti Airtel were among the top losers in the Nifty pack of stocks.

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