Monday, 4 June 2018

BSE smallcap index down for fifth straight day; 100 stocks hit 52-week low

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The S&P BSE Smallcap index was down 1% on Monday, falling for the fifth straight trading day on the BSE. As many as 100 stocks from the index have hit their respective 52-week lows on the BSE in intra-day trade today.
At 11:32 am; the S&P BSE Smallcap index was down 1% at 16,811, as compared to 0.11% decline in the S&P BSE Midcap and a marginal 0.02% fall in the S&P BSE Sensex. In past five trading days, the smallcap index slipped 3.5% against a 1.8% decline in midcap and 0.15% rise in the benchmark index.

Total 100 stocks which include, Motilal Oswal Financial Services, Aban Offshore, BEML, Gujarat Mineral Development Corporation (GMDC), Gujarat Pipavav Port, Jubilant Industries, Kesoram Industries, Nandan Denim, Prestige Estates, Rolta India, Titagarh Wagons and TVS Srichakra Tyres were hit their respective 52-week lows on the BSE today.

Of these around 15 stocks such as Adlabs Entertainment, Housing Development & Infrastructure (HDIL), Nitin Fire Protection Industries, Lovable Lingerie, Inox Wind and Jaiprakash Power Ventures.

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