D-Street shocker: 667 stocks hit 52-week lows

It was another day of carnage. Sensex has lost nearly 900 points in last two trading sessions. In today’s dreadful free fall, 667 stocks have touched their 52-week low. This includes ‘A’ group stocks like ACC, Adlabs Films, Alstom Projects, Ambuja Cements, BEML, BPCL, DLF, Gammon India, Grasim, Hind Zinc, ICICI Bank, India Cements, Maruti Suzuki, Reliance Comm, Reliance Power, Siemens, Tata Motors and UltraTechCement.

Makets have seen sharp cut as realty, banking, metal, power, auto and capital goods stocks witnessed heavy selling pressure. One of the reasons behind free fall in today's session was selling pressure in European shares. UK average home prices declined 6.3%, which was biggest drop since November 1992. UK mortgage approvals fell to lowest level in 9 years in May. Consumer confidence deteriorated to lowest level in 18 years in May.

Aggressive shorts have seen in Nifty Futures, which added 44 lakh shares in open interest. Nifty futures ended at 81.75 points discount. Aggressive shorts also seen in stock futures, which added 1.1 crore shares in open interest.

Markets are breaking its all-psychological level very quikly. Today the Sensex closed below 13,000 for the first time since April 5, 2007 and the Nifty closed below 3,900 for the first time since April 12, 2007.

List of all stocks that have touched their 52-week low in today's trade