SBI, Tata Motors, Bosch among 60 stocks from BSE500 index hit 52-week lows

BHEL, Ambuja Cements, Bharat Electronics, Cadila Healthcare, Cummins India, Indian Oil, Lupin and Power Finance Corporation were among 60 stocks from the S&P BSE500 index hit 52-week lows on Friday.

Shares of State Bank of India (SBI), Tata Motors, Bharat Heavy Electricals (BHEL), Ambuja Cements, Bharat Electronics, Cadila Healthcare, Cummins India, Indian Oil Corporation, Lupin and Power Finance Corporation were among 60 stocks from the S&P BSE500 index hitting their respective 52-week lows on the BSE.

At 09:36 am; the S&P BSE 500 index has fallen 1.5%, while the benchmark S&P BSE Sensex down 1.3% on fears of an escalating global trade war after US President Donald Trump imposed tariffs on the import of Chinese goods.

The US President instructed US Trade Representative Robert Lighthizer to levy tariffs