In Mumbai, many stocks dropped more than 5% during trading on Wednesday. This happened as the BSE Sensex fell by 50.62 points to settle at 78,148.49, with investors selling off some major company stocks.
Some of the biggest losers included:
– Silverpoint Infratech: down 13.52%
– Bharat Immunological: down 11.04%
– DMR Hydroengineering: down 10.06%
– Multipurpose Trading & Agencies: down 9.80%
– PM Telelinks: down 9.24%
On the Nifty index, 23 stocks did well, while 27 stocks struggled. Nifty closed down by 18.96 points at 23,688.95.
Several stocks hit new 52-week lows, including:
– Silverpoint Infratech
– Moongipa Cap
– Baid Leasing
– Rana Sugars
– U H Zaveri
At the same time, some stocks reached fresh 52-week highs, such as:
– Parsharti Invst
– Ashapura Minechem
– ABM Knowledge
– Pokarna Ltd
– Sundaram-Clayton
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