JSPL, NMDC hit new 52-week low


India Infoline-20 Microns, Cairn India, Coromandel International, Delta Corp, Dhanlaxmi Bank, Gail India, GMDC, Hinduja Global Solutions, Hindalco, Hindustan Zinc, IFCI, IL&FS Transportation Networks, Inox Wind, Jindal Steel & Power, Kaveri Seed Company, Lanco Infratech, Bank of Maharashtra, Maharashtra Seamless, Mcleod Russel India, Muthoot Finance, National Aluminium Company, NHPC, Nirvikara Paper Mills, NMDC, NTPC, Power Grid Corporation of India, Reliance Capital, Reliance Power, SAIL, Shakti Pumps, Sobha, Tata Motors, Tata Steel, Tribhovandas Bhimji Zaveri, United Bank of India, Vedanta, Vijaya Bank and VIP Industries were some of the notable stocks at 52-week low.

On Thursday, the BSE Sensex jumped to a high of 27,791 – up 279 points from the previous close – in early morning deals on the back of positive economic data and supportive global cues. The market, however, pared gains as the day progressed, and the Sensex dipped into red to touch a low of 27,496 – down 295 points from the day’s high – in late noon deals. The Sensex finally ended with a minor gain of 37 points at 27,550.

The NSE Nifty zoomed to a high of 8,430 and showed glimpses of recovery, but faltered towards the end of the trading session. The NSE index touched a low of 8,340, and eventually settled with a gain of mere six points at 8,356. The India VIX (Volatility) index was down 2.5 percent at 17.0175.

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Pramod Baviskar

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