Bharti Airtel share price: Over 235 stocks hit 52-week lows on NSE

NEW DELHI: Over 235 stocks, including Bharti Airtel, Andhra Sugars, Asahi India Glass, Bharat Road Network and BSE, hit 52-week lows on NSE during Thursday’s session.

Castrol India, Central Bank of India, D.B.Corp, Bank of Maharashtra, Max Financial Services, Sagar Cements, Tata Communications, Unitech, Vivimed Labs, Welspun Enterprises and Zodiac Clothing Company also featured among stocks that touched 52-week lows on NSE.

Weak global cues, rupee’s unabated fall and sustained capital outflow by FIIs in the wake of rising bond yields in the US kept domestic market under pressure.

All sectors, barring Nifty Media (up 0.41 per cent), were in the deep red on NSE.

In the early trade, Sensex plunged over 1,000 points and Nifty lurched below 10,150. However, equity benchmarks pared losses on gains in select heavyweights, including Reliance Industries, ONGC and YES Bank.

The NSE Nifty index was trading 172 points down at 10,288, while the BSE Sensex was down 580 points at 34,180 around 01:32 pm.

Among the 50 Nifty stocks, 13 were in the green zone, but 37 were incurring losses.

HPCL, Indian Oil Corporation, BPCL, ONGC and YES Bank were among the Nifty gainers.

Indiabulls Housing Finance, State Bank of India, Tata Steel, Bajaj Finserv and Bajaj Finance were among the top losers in the Nifty pack.

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