NEW DELHI: ACC, Ajanta Pharma, Ambuja Cements, BHEL, Capital First and Caplin Point Laboratories featured among stocks that touched 52-week lows on NSE on Tuesday.By 10:45 am, as many as 293 stocks had hit 52-week lows on NSE.
Godfrey Phillips India, Gujarat Pipavav, Granules India, HCC, IDFC Bank, Bharti Infratel, Jubilant Industries, Bank of Maharashtra, Manpasand Beverages, MTNL, Unitech and Videocon Industries also appeared in the league of stocks that hit 52-week lows.Market was subdued ahead of RBI's policy decision due tomorrow.
The RBI's Monetary Policy Committee began its three-day meeting yesterday amid speculation that it may hike the key interest rate for the first time in over four years on account of firming inflation.The NSE Nifty index was trading 45 points down at 10,583, while the BSE Sensex was down 105 points at 34,906 around 10:45 am.In the Nifty index, 10 stocks were in the green, while 40 in the red.Tech Mahindra, Reliance Industries and Cipla were among the top gainers in the Nifty pack of stocks.On the other hand, Indiabulls Housing Finance, Zee Entertainment Enterprises and Power Grid Corporation of India were among the top losers in the Nifty index.