Fresh lows: Bharati Shipyard, Glodyne Technoserve among stocks that hit 52-week low

The NSE Nifty nose-dived below the 8,500-level in the midst of panic selling and touched a low of 8,423. The Nifty finally ended the day with a steep cut of 158 points (1.8 percent) at 8,448.

Apr 20, 2015 06:04 IST India Infoline News Service

Stock-price-declining
A total of 14 stocks reported a fresh 52-week low on NSE today. Among these stocks included Ankit Metal & Power, Bharati Shipyard, Genus Paper & Boards, Glodyne Technoserve, GMDC, Jaiprakash Power Ventures, Manaksia Aluminium Company, Manaksia Industries, Onelife Capital Advisors and Samtel Color.

On Monday, the BSE benchmark index, the Sensex, opened 84 points higher at 28,526, and touched a high of 28,539 in opening trades on the back of positive start by index heavyweight – Reliance Industries on the back of record profit. And finally ended with a huge loss of 556 points (2 percent) at 27,886. In the process, the BSE index has now shed a whopping 1,158 points (4 percent) in the last four trading sessions.

The NSE Nifty nose-dived below the 8,500-level in the midst of panic selling and touched a low of 8,423. The Nifty finally ended the day with a steep cut of 158 points (1.8 percent) at 8,448.

The India VIX (Volatility) index soared over 8 percent to 16.3.

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