Stock market update: Nearly 70 stocks hit 52-week lows on NSE on Friday

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: As many as 68 stocks including Zylog Systems, Uttam Galva Steels, GTL Infrastructure, Rana Sugars and Pochiraju Industries hit
52-week lows on NSE on Friday. Indiabulls Integrated Services, Alchemist, Alembic Pharmaceuticals, Ashiana Housing, Educomp Solutions and
Ganges Securities also featured among stocks that touched 52-week lows on NSE. The two-day rally in the market came to a halt on Friday as
key indices Nifty and Sensex finished almost flat since gains in Sun Pharma, Reliance Industries and Infosys were offset by losses in HDFC,
HDFC Bank and ITC. A fresh fall in Indian rupee and a surge in oil prices dented the sentiment. Weak global cues also kept market mood
subdued as investors remained cautious ahead of the meet of G7 leaders on Friday. The Sensex slipped 19 points, or 0.05 per cent, to stop at
35,444, with 18 stocks falling and 13 advancing. The Nifty settled flat at 10,768, with 24 stocks in the green and 26 in the red. Among the
sectors, Nifty Pharma, PSU bank, realty, media and IT settled in the positive zone
Nifty Pharma finished the day with a gain of 4.26 per cent, with 8 stocks up and 2 down