Authors: TheIndianSubcontinent News AgencyNEW DELHI: Over 100 stocks including GTL Infrastructure, HDIL, Mahanagar Gas, PC Jeweller, Vakrangee and Videocon Industries hit fresh 52-week lows on NSE during Wednesday's trade.Equity benchmarks erased the gains of the opening session and were trading in the red on selling in IT, metal and bank stocks amid weak Asian cues.The NSE Nifty index was trading 4 points down at 10,735, while the BSE Sensex was 14 points up at 35,174 around 11 am (IST).Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red.
IT stocks were among the top drags on the Nifty index.The Nifty IT index was trading 1.68 per cent down with all components in the red.
HCL Technologies cracked 5 per cent during Wednesday's trade.Metal stocks also were reeling under pressure.
The Nifty Metal index was 1.51 per cent down with only Jindal Stainless (Hisar) in the green.Kotak Mahindra Bank, rising over 5 per cent, was topping the Nifty pack of stocks.HCL Tech, Vedanta and ICICI Bank were the top losers in the Nifty index.