The Sensex closed below its November closing lows of 8451. Several blue chip stocks have slipped below their October-November closing lows. They include HCL Technologies, Reliance Capital, PNB and DLF.
On the sectoral front, the BSE IT, realty, capital goods and banking indices fell 10-14% from their October-November closing lows while BSE auto, FMCG, oil & gas and metal were still above that level.
The stocks that are below their October-November closing lows are:
HCL Technologies down 30%,
Reliance Capital down 24%,
Reliance Comm down 24%,
PNB down 22,
DLF down 21%,
L&T down 20%,
ABB down 16%,
Wipro down 9% and
Siemens down 9%.
However, stocks like Power Grid, Grasim Industries, Cairn India, Ambuja Cements, NTPC, Nalco and BPCL have bucked the trend and are trading over 40% from October-November closing lows.
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