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Mid, Small-cap stocks under pressure; 68 scrips hit 52-week low

Dena Bank, Oriental Bank, IDFC Bank, IFCI, UCO Bank, Anant Raj Ind, Atlanta, HDIL, HCC, Reliance Capital and Reliance Power were among 68 stocks hit 52-week lows today.

hare brokers react to falling stock prices on screens of computers and television
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hare brokers react to falling stock prices on screens of computers and television

SI Reporter Mumbai
Shares of mid and small-cap companies were under pressure with 68 stocks from these indices hitting their respective 52-week lows on the BSE in intra-day trade on Monday.

At 11:51 am; the S&P BSE Midcap index was down 0.53% at 16,258, while the S&P BSE Smallcap index fell 0.41% at 17,746, as compared to a marginal 0.01% rise in the S&P BSE Sensex.

Sugar stocks like Bajaj Hindustan, Dalmia Bharat, DCM Shriram Industries, Dhampur Sugar, Dwarikesh Sugar, KCP Sugars and Mawana Sugars hit 52-week lows due to falling sugar prices.

During April-December 2017, sales of the sugar