217 BSE500 stocks hit 52-week lows, 115 tank over 50% from 1-yr highs

Tata Motors, ONGC, RBL Bank, PNB Housing, Edelweiss Financial, SpiceJet, BHEL, HEG, Graphite India and Oil India have plunged more than 60 per cent from their respective 1-year highs

The Indian equity markets continued their downward trend on Thursday with almost half of the stocks from the S&P BSE500 index hitting their 52-week lows on the BSE after the World Health Organization (WHO) declared the worldwide outbreak of the new coronavirus as "pandemic".

As many as 217 stocks from the BSE500 index, including 14 stocks from the benchmark S&P Sensex, hit their respective 52-week lows today. Of these, as many as 25 stocks are from the banking sector, 15 from financial including non-banking finance company and housing finance companies (HFCs). Fifteen stocks are from capital goods sector followed