So this happened…
… and not a single sector was spared the bloodbath.
Important stocks hitting 52-week lows:
BALRAMCHIN, KGL, DLF, GDL, PUNJLLOYD
CROMPGREAV, IOC, ANDHRABANK, BAJAJHIND, NMDC
BINDALAGRO, ANSALAPI, BALLARPUR, KSOILS, ALBK
HINDCOPPER, RCF, GTOFFSHORE, SIMPLEXINF, PRISMCEM
BANKBARODA, IDBI, NATIONALUM, HINDPETRO, HOTELEELA
CENTURYPLY, JPINFRATEC, PTC, APOLLOTYRE, VARUNSHIP
GAIL, BHEL, JPASSOCIAT, CHENNPETRO, DHANBANK
RENUKA, ALLCARGO, KEMROCK, NCC, PETRONET
GUJNRECOKE, CHAMBLFERT, DENABANK, RANBAXY, TATACHEM
IOB, MRPL, KEC, TORNTPOWER, JYOTISTRUC
SRF, TUBEINVEST, ENGINERSIN, OMAXE, COREEDUTEC
CORPBANK, GTLINFRA, INDIAGLYCO
It might be too early to go bargain hunting. But long-term investors should start licking their chops…