A total of 43 stocks reported a fresh 52-week low on NSE today. Among these stocks included Adlabs Entertainment, Ankit Metal & Power, Balrampur Chini Mills, Bharati Shipyard, The Byke Hospitality, C. Mahendra Exports, Cura Technologies, DB (International) Stock Brokers, Dhampur Sugar Mills, Dharani Sugars, GMDC, Greenlam Industries, Hubtown, Indiabulls Real Estate, Jain Irrigation, Jaiprakash Associates, Jaiprakash Power Ventures, Lovable Lingerie, Manaksia Steels, Mold-Tek Packaging, Monnet Ispat, Rajshree Sugars, Shree Renuka Sugars, Surana Corporation, Surana Industries, Transwarranty Finance, VAKANGEE, Varun Industries and Venky's (India).
On Monday, the Sensex opened with a positive gap of 127 points at 27,565, but soon pared gains and slipped into red on the back of on-going weakness in the market. The BSE index tumbled to a low of 27,142, and finally ended with a loss of 261 points at 27,177 - its lowest level for this calendar year. The BSE index is now down almost 6.5 percent (1,867 points) in the last nine trading sessions.
The NSE Nifty plunged below the 200-DMA (Daily Moving Average) for the first time since February 2014. The NSE index dropped to a low of 8,202, and finally ended 91 points lower at 8,214.
The India VIX (Volatility) index was down 2 percent at 18.735.