S&P BSE 500 index hits fresh 52-week low

Bharti Airtel, Finolex Industries, Grasim Industries, Motherson Sumi Systems, NBCC and PNB Housing Finance among 57 stocks from BSE500 index hit 52-week low today.

The S&P BSE 500 index hit a fresh 52-week low of 13,454, down 3% on Thursday in early morning trade after Wall Street suffered its worst drubbing in eight months. The index fallen below its previous low of 13,463 touched on October 8, 2018 in intra-day trade.

The stocks from the financial including banks, metal, real estate, auto ancillaries and information technology (IT) were hit the worst, falling by up to 8% on the BSE.

State Bank of India (SBI), Indiabulls Housing Finance, NIIT Technologies, Infibeam Avenues, Just Dial, Bandhan Bank, Jindal Steel & Power, Piramal Enterprises, Bajaj Finserv, Hindalco Industries, Bharat Forge and Tata Steel were among those down more than 5% on the BSE.

The S&P BSE 500 index accounts 94% of the total market capitalisation of BSE listed companies. It has fallen 16% from its all-time high level of 15,938 touched on September 3, 2018, in intra-day trade.

Total 57 stocks from the BSE500 index hitting their respective 52-week lows today. Bharti Airtel, Finolex Industries, Grasim Industries, Motherson Sumi Systems, NBCC, PNB Housing Finance, Shree Cement and Tata Chemicals from the index touched 52-week lows.

US stocks plunge most since February as the Dow Jones index falls 830 points, while the Nasdaq falls over 4% on Wednesday. The market angst against the ongoing trade war takes its toll as rising yields & fear of tariff escalation see sell-off in equities.

“The much needed US stock correction was very much on the cards with most Asian markets already under pressure from the trade tariff wars & with China stock indices already in the bear market territory. US$ also saw weakness which coupled with fall in oil will see stock specific reaction from most Asian markets,” IIFL Securities said in a client note.

COMPANY	LATEST	52 WK LOW	PREV LOW	PREV DATE
8K MILES	127.75	127.75	134.45	10-Oct-18
APL APOLLO	1197.55	1160.70	1164.00	04-Oct-18
ASAHI INDIA GLAS	283.00	282.00	290.00	08-Oct-18
BANK OF BARODA	92.85	90.70	92.80	09-Oct-18
BHARTI AIRTEL	289.60	282.35	284.10	10-Oct-18
BIRLA CORPN.	529.80	525.10	542.00	10-Oct-18
BOMBAY DYEING	111.65	111.65	117.50	10-Oct-18
CCL PRODUCTS	240.50	237.00	242.25	10-Oct-18
CENTRAL BANK	27.50	27.50	28.85	10-Oct-18
CG POWER & INDU.	39.65	38.55	39.40	08-Oct-18
CORPORATION BANK	22.40	21.00	21.05	08-Oct-18
CRISIL	1601.90	1600.00	1600.00	09-Oct-18
CROMPTON GR. CON	197.50	193.70	200.05	04-Oct-18
D B CORP	187.70	184.95	185.90	08-Oct-18
DEEPAK FERT.	189.00	181.95	183.90	08-Oct-18
DILIP BUILDCON	530.20	500.00	501.15	09-Oct-18
ESSEL PROPACK	95.75	95.00	95.50	08-Oct-18
EVEREADY INDS.	186.30	184.20	184.50	08-Oct-18
FINOLEX INDS.	490.00	489.00	499.20	09-Oct-18
G S F C	90.25	85.60	86.50	08-Oct-18
GRASIM INDS	876.95	861.55	877.65	09-Oct-18
GUJ PIPAVAV PORT	102.50	98.00	98.90	08-Oct-18
GULF OIL LUBRIC.	715.65	705.00	716.90	05-Oct-18
H U D C O	41.15	40.15	41.60	09-Oct-18
HIMADRI SPECIALT	117.40	103.55	106.20	01-Oct-18
HIND.AERONAUTICS	776.70	757.00	767.35	10-Oct-18
I T D C	286.45	278.00	279.00	08-Oct-18
INOX LEISURE	196.30	189.65	190.00	09-Oct-18
J & K BANK	39.30	38.05	38.20	01-Oct-18
JK LAKSHMI CEM.	274.45	249.55	271.00	08-Oct-18
KALPATARU POWER	300.40	292.00	295.00	09-Oct-18
KNR CONSTRUCT.	167.70	163.30	166.60	01-Oct-18
MAHINDRA HOLIDAY	199.60	194.00	199.35	10-Oct-18
MAX FINANCIAL	370.35	343.95	352.90	04-Oct-18
MAX INDIA	67.90	65.05	65.75	08-Oct-18
MOTHERSON SUMI	228.85	220.55	221.00	08-Oct-18
MOTIL.OSWAL.FIN.	624.35	615.00	627.55	09-Oct-18
NAVNEET EDUCAT.	104.80	100.95	107.50	09-Oct-18
NBCC	53.15	51.65	52.15	09-Oct-18
NILKAMAL LTD	1518.95	1495.00	1500.00	09-Oct-18
PNB HOUSING	852.80	841.80	847.00	05-Oct-18
PRESTIGE ESTATES	169.70	163.75	165.00	08-Oct-18
RATNAMANI METALS	786.00	735.95	781.10	10-Oct-18
S H KELKAR & CO.	195.00	191.20	192.35	13-Aug-18
SHREE CEMENT	14816.80	14700.10	15015.15	22-Jun-18
SJVN	26.30	25.85	25.90	09-Oct-18
SOMANY CERAMICS	336.00	311.00	330.40	10-Oct-18
SOUTH IND.BANK	12.64	12.45	12.80	01-Oct-18
SPARC	303.70	296.40	298.00	09-Oct-18
SWAN ENERGY	99.00	96.15	96.85	10-Oct-18
TATA CHEMICALS	644.65	623.50	623.50	09-Oct-18
TATA INV.CORPN.	686.00	680.40	691.00	09-Oct-18
TATA METALIKS	568.00	565.00	578.50	09-Oct-18
THE RAMCO CEMENT	583.30	576.30	589.50	10-Oct-18
THERMAX	880.00	880.00	885.00	10-Oct-18
THOMAS COOK (I)	199.80	193.10	193.10	09-Oct-18
TIMKEN INDIA	550.05	543.90	550.05	10-Oct-18
TTK PRESTIGE	5795.00	5500.00	5612.00	22-May-18
VIJAYA BANK	41.45	41.00	41.20	28-Sep-18