Today, the National Stock Exchange (NSE) Nifty index opened on a positive note at the level of 11,514.15 from its previous closing level of 11,476.95. The market was succeeded to maintain its gains in morning trade but turned almost flat in the afternoon session, erasing most gains of the morning session.
Over 40 stocks, including Idea Cellular, InterGlobe Aviation, Bharti Infratel, Gitanjali Gems, Gemini Communication, and many other stocks touched the 52-week low in today’s session.
Among the 50 stocks in the Nifty Index, 24 stocks were in the green and 26 were in the red. Among the top gainers in Nifty 50 are Power Grid, Cipla, NTPC, Kotak Bank, and IndusInd Bank however the top losers are Zeel, Axis Bank, Bajaj Finance, and Maruti Suzuki among others.
Update: Touching the fresh low, the Rupee fell below 72 against the US Dollar for the first time today.