Stock market update: Over 90 stocks defy positive market mood, hit 52-week lows on NSE

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Defying positive mood of market, over 90 stocks, including InterGlobe Aviation, Adlabs Entertainment, AGC Networks, Agri-Tech
(India), Akzo Nobel India and Aptech, hit 52-week lows on NSE during Wednesday's session. Beardsell, Bharat Electronics, Career Point,
Dhanlaxmi Bank, Dish TV India, HCL Infosystems, HSIL, ICICI Prudential Life Insurance Company, Indo Tech Transformers, Jet Airways (India),
Ruchi Soya Industries and Ujjivan Financial Services also featured among stocks that touched 52-week lows on NSE. On the other hand, Cipla,
Delta Magnets, Gangotri Textiles, JSW Steel and Uniphos Enterprises featured among 13 stocks that hit 52-week highs on NSE in Wednesday's
trade so far
Market was in positive territory on value-buying in recently battered stocks amid strength in the rupee and positive global cues. The NSE
Nifty index was trading 42 points up at 11,321, while the BSE Sensex was up 126 points at 37,417 around 11:40 am. Among the 50 stocks in the
Nifty index, 35 were trading in the green, while 15 were in the red
Tata Steel, BPCL, GAIL (India), ONGC and Hindalco Industries were among the top gainers in the Nifty index. Zee Entertainment, Lupin, Titan
Company, Maruti Suzuki and Bajaj Finserv were among the top losers in the Nifty pack of stocks.