NEW DELHI: Over 200 stocks, including Ambuja Cements, Andhra Bank, Atlas Cycles (Haryana), Bank of India and BHEL hit 52-week lows on NSE during Monday's session.
Can Fin Homes, Capital First, Corporation Bank, Cummins India, Deepak Fertilizers and Petrochemicals Corporation, Den Networks, Dena Bank, Dollar Industries, Federal Bank, HDIL, IDFC, IDFC Bank, INOX Leisure, Jet Airways (India), Manpasand Beverages, Mangalam Cement, PC Jeweller, Power Finance Corporation, Tata MotorsNSE 1.63 Union Bank of India and VedantaNSE 0.53 % too featured among stocks that touched 52-week lows on NSE.
Key indices Sensex and Nifty were down, tracking weak Asian cues. Investors were cautious after an official data showed that China's economy slowed a little in the second quarter.
Weak domestic macroeconomic indicators too hit the sentiment. India's trade deficit widened to its highest in more than five years in June, the trade ministry said on Friday, driven largely by a surge in oil prices and a weaker rupee.
The Nifty50 index was 30 points down at 10,989, while the Sensex was 31 points down at 36,510 around 11 am.
Infosys, Tech Mahindra, Asian Paints, Hindustan Unilever and Cipla were among the top gainers in the Nifty index.
Dr. Reddy's Laboratories, ICICI Bank, Sun Pharmaceutical Industries, Tata Steel and Lupin were among the top losers in the Nifty kitty of stocks.