D-Street Buzz: Over 500 stocks hit 52-week low on BSE including RBL Bank, Hero Moto; VIX jumps

Benchmark indices have turned red once again in the last hour of trade on July 30 with Sensex shedding 144 points at 37,542 while the Nifty50 is down 55 points at 11,134.

Nifty PSU Bank tanked over 4 percent dragged by Indian Bank, Bank of Baroda, Bank of India, Punjab National Bank, State Bank of India, IDBI Bank, Syndicate Bank, OBC and Union Bank of India.

Midcap stocks are also trading in the red with S&P BSE MidCap index down over a percent. The top losers are NBCC, RBL Bank, Indian Bank, IDBI Bank, Reliance Power, KIOCL and Supreme Industries.

The top losers from the smallcap space included Coffee Day which tanked 20 percent hitting lower circuit followed by SICAL, Elecon Engineering, Jain Irrigation Systems, Marksans Pharma and Praj Industries.

From the media space, the top losers are PVR, Dish TV, Eros International, Jagran Prakashan and Hathway Cable.

Selective metal stocks are down in this afternoon session led by Hindustan Copper, SAIL, NALCO, MOIL, Tata Steel and Jindal Stainless.

India VIX jumped 3.37 percent and is trading at 13.50 levels.

The top gainers from NSE include Bharti Airtel, TCS, Larsen & Toubro, Titan Company and Hindustan Unilever while the top losers are Indiabulls Housing, YES Bank, IndusInd Bank, Hero Moto and Grasim Industries.

The most active stocks are Indiabulls Housing Finance, RBL Bank, IndusInd Bank, YES Bank and Reliance Industries.

574 stocks have hit 52-week low on BSE including Coffee Day Enterprises, NBCC, Vodafone Idea, RBL Bank, Persistent Systems, Bombay Burmah, IDBI Bank, Bank of India, Ashok Leyland, Tata Power, Bosch, NBCC, Bharat Forge, Hindustan Copper, Godrej Consumer, Tata Steel, GE T&D India, TVS Motor, Tata Motors, Maruti Suzuki and Bajaj Corp among others.

412 stocks advanced and 1334 declined while 358 remained unchanged on the NSE. On the BSE, 606 stocks advanced, 1797 declined and 106 remained unchanged.

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.