Allahabad Bank,GMDC hit new 52-week lows

Adani Power, Allahabad Bank, Bank of India, Canara Bank, DB (International) Stock Brokers, Dena Bank, DLF, GAIL India, GMDC, IFCI, Indian Bank, Jindal Drilling and Industries, Jaiprakash Associates, Just Dial, Nirvikara Paper Mills, NMDC, Noida Toll Bridge Company, Onelife Capital Advisors, Oriental Bank of Commerce, Prakash Industries, Shree Renuka Sugars, Reliance Power, Sobha, Syndicate Bank, Tata Power Company and UCO Bank were some of the notable stocks to log a new 52-week low.

On Wednesday, the BSE Sensex opened with a positive gap of 80-odd points at 27,540, and touched a low of 27,470 (still up 21 points from the previous close) in early morning trades.The BSE index thereafter consolidated with a positive bias and registered a high at 27,609. The Sensex finally ended the day with a gain of 104 points at 27,563, thereby reversing its four-day losing streak.

The NSE Nifty moved in a thin range of 43-odd points. The NSE index touched a high of 8,382 and a low of 8,338, and settled 38 points higher at 8,375.

The India VIX (Volatility) index was down 0.2 percent at 15.8775.