Fresh lows: Unitech, ITC among stocks that hit 52-week low

India Infoline News Service | Mumbai | June 03, 2015 16:36 IST

The NSE Nifty dipped below the 8,100-level to a low of 8,094, and eventually finished with a deep cut of 101 points at 8,135. The India VIX (Volatility) index surged by 4 percent to 17.505.

Falling down business
A total of 224 stocks reported a fresh 52-week low on NSE today. Among these stocks include Aban Offshore, Bank of India, Cairn India, Canara Bank, CESC, Dena Bank, Geometric, Hindustan Construction Company, Hindalco, ITC, Jindal Steel & Power, Jaiprakash Associates, Mahindra Holidays & Resorts India, NMDC, PTC India, Reliance Communications, Reliance Capital, Reliance Infrastructure, SAIL and Unitech.

Others like - ABG Shipyard, Adani Enterprises, Adani Power, Aksh Optifibre, Alok Industries, The Andhra Sugars, Asian Hotels (North), Assam Company India, Bajaj Hindusthan Sugar, Ballarpur Industries, Balrampur Chini Mills, BGR Energy Systems, Bhushan Steel, Carborundum Universal, C. Mahendra Exports, Coromandel International, Deepak Fertilizers, Delta Corp, Educomp Solutions, EID Parry India, Elder Pharmaceuticals, Escorts, FACT, GMR Infrastructure, GSFC, GVK Power & Infrastructure, Harrisons Malayalam, HCL Infosystems, HEG, Himachal Futuristic Communications, Hindustan Copper, Hindustan Motors, Hotel Leela Venture, HT Media, Indiabulls Real Estate, IFCI, IL&FS Transportation Networks, Indian Overseas Bank, Jindal Saw, Jain Irrigation Systems, Jaypee Infratech, Jaiprakash Power Ventures, Jyoti Structures, KPIT Technologies, Lanco Infratech, Lovable Lingerie, Mangalore Chemicals & Fertilizers, Mercator, MMTC, MOIL, Monnet Ispat and Energy, MTNL, Mukand Engineers, National Fertilizers, Nitin Fire Protection, Opto Circuits, Orbit Corporation, Orchid Chemicals, The Oudh Sugar Mills, Patel Engineering, Peninsula Land, Premier, Punjab & Sind, Punj Lloyd, Ramky Infrastructure, Shree Renuka Sugars, Reliance Industrial Infrastructure, Reliance Power, Shree Ganesh Jewellery House, Simplex Projects, The South Indian Bank, SREI Infrastructure Finance, STC India, Store One Retail, Supreme Infrastructure, Taj GVK Hotels & Resorts, Tata Coffee, Tata Sponge, Triveni Engineering, UFO Moviez India, United Bank of India, Unity Infraprojects, Usha Martin, Uttam Galva Steels, Vakrangee, Videocon Industries and Vijaya Bank also crashed to a 52-week low.

On Wednesday, the BSE benchmark index opened 42-odd points higher at 27,230, and touched a high of 27,276 in opening deals. The BSE index soon thereafter dipped into red on the back of follow-up selling pressure following yesterday's massive 660-point fall.

The selling accentuated in late morning deals, as a result of which the index crashed below the 27,000-mark to a low of 26,698 - down 578 points from the day's high and finally ended with a loss of 351 points at 26,837. In the process, the BSE index has now shed 1,012 points in the last two trading sessions.

The NSE Nifty dipped below the 8,100-level to a low of 8,094, and eventually finished with a deep cut of 101 points at 8,135.

The India VIX (Volatility) index surged by 4 percent to 17.505.

***Note: This is a NSE Chart



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