Over 60 stocks hit fresh 52-week lows on NSE

NEW DELHI: Over 60 stocks hit fresh 52-week lows on NSE during Monday's trade, defying the positive market stance.The stocks that hit fresh 52-week lows included Alchemist, Amtek Auto, Balrampur Chini Mills, CARE Ratings, GlaxoSmithKline Pharmaceuticals, Housing Development and Infrastructure, Jaypee Infratech, kwality, Mandhana Industries, Orchid Pharma and Siemens.On the other hand, Bharat Financial Inclusion, Britannia Industries, Dilip Buildcon and Nestle India were among the 9 stocks that touched their new 52-week highs on NSE in Monday's trade so far.Positive Asian cues and buying in frontline bluechip counters were keeping the bourses up. The NSE Nifty index was trading 41 points up at 10,154, while the BSE Sensex was up 117 points at 33,085 around 11:05 am (IST).Among the 50 stocks in the Nifty index, 36 were trading in the green, while 14 were in the red.In the Nifty index, Bosch, Kotak Mahindra Bank, Cipla, Tata Motors and Adani Ports & Special Economic Zone were the top gainers.On the other hand, ICICI Bank, Indian Oil Corporation, Axis Bank, Coal India and State Bank of India were among the top losers in the Nifty pack of stocks.

from The Economic Times https://ift.tt/2E9wnV7