Abbott India, ABG Shipyard, Amara Raja Batteries, Aurobindo Pharma, Bhagyanagar India, Burnpur Cement, Chromatic India, Divi’s Laboratories, DS Kulkarni Developer, Energy Development Company, Gammon India, Glenmark Pharmaceuticals, Hanung Toys and Textiles, Housing & Urban Development Corporation, IDBI Bank, Inox Wind, IOL Chemicals and Pharmaceuticals, JMT Auto, Khaitan Electricals, Kaushalya Infrastructure Development Corporation, Reliance Communications, Religare Enterprises and S Chand And Company were among 93 stocks that hit their 52-week low on Wednesday as Nifty ended below the 9,400 mark. Stock markets that opened with gains on Wednesday ended the day in negative terrain. Sensex closed 63.61 points down to settle at 30,301.64, while NSE Nifty settled 25.60 points down at 9,360.55. Sentiments remained volatile ahead of May derivatives contracts, which is set to expire on Thursday. Mixed global cues also contributed to market sentiments.
Market sentiments were reportedly also hit after Indian Army announced carrying out fire assaults on Pakistan posts across the Line of Control (LoC).
Strides Shasun Limited, Tara Jewels, Tilaknagar Industries, Shyam Telecom, Sakthi Sugars, Prakash Steelage, Tree House Education & Accessories, UFO Moviez India, Usher Agro, Videocon Industries, Value Industries, Wockhardt, Zodiac JRD- MKJ, Zicom Electronic Security Systems, Sita Shree Food Products, Spacenet Enterprises India, SPL Industries, Mcnally Bharat Engineering Company, KPIT Technologies, GlaxoSmithKline Pharmaceuticals and Educomp Solutions were some other stocks that hit their 52-week low on Wednesday.
However, Eimco Elecon (India), Emmbi Industries, Hindustan Unilever, Kesar Enterprises, KIOCL, Lakshmi Finance & Industrial Corporation, Larsen & Toubro Infotech, PPAP Automotive, Shakti Pumps (India) and Voltas were among 10 stocks that hit their 52-week high on Wednesday.
Voltas was among the stocks that hit its 52-week high on Wednesday after it reported a 22 per cent increase in consolidated net profit for the fourth quarter ended March. The stock ended the day at Rs 447.55, a sharp gain of 9.23 per cent on BSE. During the day, it surged 10.12 per cent to Rs 451.25 — its 52-week high level. On NSE, shares of the company soared 8.94 per cent to end at Rs 446.50.