BSE 500 index hits 52-week low

The S&P BSE 500 index hit a 52-week low of 13,810, down 1.7 %, fallen below its earlier low of 13,812 touched on October 6, 2017, in intra-day trade.

The S&P BSE 500 index hit a 52-week low of 13,810, down 1.7% on the BSE after a sharp decline in market price of state-owned oil & gas, infrastructure, aviation and consumption sector stocks. The index has fallen below its earlier low of 13,812 touched on October 6, 2017, in intra-day trade.

The S&P BSE 500 index accounts 94% of the total market capitalisation of BSE listed companies. It has fallen 13% from its all-time high level of 15,938 touched on September 3, 2018, in intra-day trade.

Shares of state-owned oil & gas companies, including oil marketing companies