Axis Bank, JK Cement, PFizer Among 171 BSE Stocks to Hit New 52-Week Lows; Kohinoor Foods at a New High

BSE Sensex and NSE Nifty 50 plunged 1% each on Wednesday, a day before the weekly F&O expiry. Benchmarks posted two-day gains as they tracked weakness in US futures. So far in the day, the 30-stock index hit a daily low of 51,880, while Nifty 50 fell to 15,427. On S&P BSE Sensex, out of 30 stocks, Axis Bank fell to a new higher 52-week low of Rs 621.20, falling from previous lows of Rs 622.05 each hit earlier this week. Although no stock has hit a new 52-week high on the S&P BSE Sensex so far today.

On BSE Sensex, a total of 171 stocks hit fresh 52-week lows in late morning trading on Wednesday. These include Aarti Drugs, Atlas Jewelery India, DB Corp, Dhani Services, eMudhra, Future Consumer, IDFC First Bank, JK Cement, PFizer, Parsvnath Developers, Supreme Industries, Star Health and Allied Insurance Company, Symphony, Thyrocare Technologies, Triveni Enterprises, and UPL, among others.

On the other hand, 33 stocks hit new 52-week highs on the BSE Sensex. These were Akshar Spintex, BAMPSL Securities, Bloom Industries, Gujarat Inject (Kerala), Kohinoor Foods, Lorenzini Apparels, Saianand Commercial, Scandent Imaging, Sonal Adhesives and Trans Financial Resources, among others.

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On the National Stock Exchange, 7 stocks hit their respective 52-week highs, while 54 fell to new 52-week lows. Stocks that hit highs were Akshar Spintex, Axita Cotton, Dangee Dums, Elecon Engineering Company and Kohinoor Foods, among others.

While stocks that fell to new lows were Airo Lam, Ajanta Pharma, Dhani Services, Dhanvarsha Finvest, Gujarat Pipavav Port, Jet Freight Logistics, Maha Rashtra Apex Corporation, Shalby, Silver Touch Technologies, Suryoday Small Finance Bank, among others.