INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Over 50 stocks including Adroit Infotech, Bharatiya Global Infomedia, Gulshan Polyols and Sri Havisha Hospitality and
Infrastructure hit 52-week lows on NSE during Wednesday's trade.
Indian Card Clothing Company, Bharti Infratel, Mangalam Drugs and
Organics, Mangalam Cement, Manpasand Beverages, Rainbow Papers and Vakrangee also appeared among stocks that touched 52-week lows.
Equity
markets were down, tracking a weak trend in global markets amid fresh concerns of a possible China-US trade war.
Unabated capital outflows
by foreign funds and profit-booking by retail investors too dampened sentiments.
There was caution among investors ahead of the May month
derivatives expiry tomorrow.
The NSE Nifty index was trading 50 points down at 10,583, while the BSE Sensex was down 123 points at 34,827
around 10:15 am.
In the Nifty index, 14 stocks were up, while 36 were down.
Coal India, Power Grid Corporation and Mahindra Mahindra were
among the top gainers in the Nifty index, while HPCL, Hindalco Industries and Cipla were among the top Nifty losers.
