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