Wipro, Zomato, Paytm out of 213 stocks on BSE hit 52-week low
The Indian equity market turned negative on Wednesday on selling pressure at IT and FMCG counters. Key indicators were fragmented in trade, aligning with world markets before key macroeconomic data. While the S&P BSE Sensex fell more than 800 points, the NSE Nifty 50 fell below the 16,000 support zone to a low of 15,992. All sectoral indices, including realty, power, capital goods, FMCG, auto, IT and metals, fell 1-2%. In broader markets, the BSE Midcap and BSE Smallcap indices declined by 1.54% and 3.12%, respectively. A total of 213 stocks reached 52-week lows on the BSE intraday, while 46 stocks were at new highs.
The stock hit a 52-week high, low on the BSE
Avro India, CWD, Galactico Corporate Services, Mehta Housing Finance, Mid India Industries, Panth Infinity, Sadhana Broadcast, SEL Manufacturing Company, Shankar Lal Rampal Die-Chem, Universal Star-Chem Max. Meanwhile, Anant Raj, Bajaj Electricals, Mrs. Bactros Food Specialties, Bosch, Campus Activeware, Dabur India, Dixon Technologies, Glammark Pharma, HDFC AMC. Infosystems (MapMyIndia), MCX, Medplus, One 97 Communications (Paytm), Info Edge (Naukri), Zomato, Wipro scrips were fresh below.
Stocks that are at 52-week highs, lower on the NSE
A total of 17 securities hit 52-week highs on the National Stock Exchange (NSE) on Wednesday, with 259 stocks hitting new lows. Global Education, Kohinoor Foods, Krittika Wires, Central India Agro Products, Sonam Clock, Vaxtex Cutfab stocks had fresh gains. On the other hand, Arvind Pharma, Bajaj Consumer Care, Bank of India, Birla Corporation, CSB Bank, ELDECO Housing and Industries, Finolex Cables, Granules India, Gulf Oil Lubricants, Hindustan Zinc, IndiabullsInsuc, , MedPlus Health Services, Natco Pharma, Orient Cement, PNB Housing Finance, Steel Authority of India were among the 52-week low stocks.
Sensex, Nifty top gainers, losers
Kotak Mahindra Bank, Axis Bank and HDFC Sensex were the only gainers, while NTPC, Tata Steel, Bajaj Finserv, Wipro, Bajaj Finance, Infosys, L&T, ITC, HUL, Maruti Suzuki India, SB . Among the Nifty 50 packs, ONGC, SBI Life, HDFC Life, Cipla and Kotak Mahindra Bank were the top gainers, followed by Shree Cement, Tata Steel, NTPC, Tata Motors and Bajaj Finserv.
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