Business Standard

Sell-off toll! HDFC twins, HUL, Dr.Reddy's among Nifty50 stks at 52-wk lows

Apart from the 8 stocks among the Nifty50 index, a total of 26 stocks too dropped to their respective 52-week lows among the Nifty500 index.

Experts further said that retail investors should be clear on whether they are taking short-term positions based on the sentiment or investing for the long term.
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Experts further said that retail investors should be clear on whether they are taking short-term positions based on the sentiment or investing for the long term.

Deepak Korgoankar Mumbai
Shares of mortgage lender Housing Development Finance Corporation (HDFC), banking giant HDFC Bank, fast moving consumer goods (FMCG) companies – Hindustan Unilever (HUL) and Britannia Industries, cement manufacturers – UltraTech Cement and Shree Cement, pharma stock Dr Reddy’s Laboratories and two-wheeler major Hero MotoCorp were among eight stocks from Nifty50 index to hit their respective 52-week low on the back of a sharp sell-off in equities in the past couple of weeks.

Amid the weak global sentiment due to no headway in Russia-Ukraine conflict, the domestic benchmark indices started trade sharply lower on Friday and continued to trade with

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