NEW DELHI: Over 50 stocks, including Alok Industries, Ambuja Cements, Bharati Defence and Infrastructure and Can Fin Homes, defied positve market stance to hit fresh 52-week lows on NSE in Thursday's trade.IDFC Bank, Idea Cellular, Capital First, D.B.Corp, GTL Infrastructure, Uttam Sugar Mills and Uttam Value Steels also appeared among the stocks that hit fresh 52-week lows on NSE.The BSE Sensex rallied 181 points in early session today, maintaining its positive form for the fourth straight day on positive cues from global markets.Unabated buying by domestic institutional investors fuelled the uptrend.
However, selling in select oil, pharma, metal and FMCG stocks cooled off markets a bit.
The NSE Nifty index was trading 12 points up at 10,753, while BSE Sensex was up 69 points at 35,388 around 10:15 am.Among the 50 stocks in the Nifty50 pack, 25 were trading in the green, while 25 were in the red.
Tech Mahindra and Bharti Airtel were the top gainers in the Nifty index.Power Grid Corporation and HPCL were the top losers in the Nifty pack.