M&M, L&T, Hindalco and 3 other Nifty50 stocks hit 52-week lows

Oil India, Sobha,PNB, LIC Housing, Tata Power, BoI, Bajaj Consumer, Dish TV and HPCL also hit their 52-week lows today

Shares of six Nifty50 companies, GAIL (India), Hindalco Industries, ITC, Oil and Natural Gas Corporation (ONGC), Larsen & Toubro (L&T), and Mahindra & Mahindra (M&M) hit their respective 52-week lows on the NSE on Wednesday after more than 3 per cent fall in the benchmark Nifty50 index in the past four days.

A total of 40 stocks from the Nifty500 index touched 52-week lows today. The list includes Oil India, Sobha, Punjab National Bank, LIC Housing Finance, Tata Power Company, Bank of India, Bajaj Consumer, DCB Bank, Dish TV, and Hindustan Zinc.

At 11:05 am, Nifty50 index was