Why did the Indian stock market, particularly the Sensex, decline on Thursday?

The Sensex declined by approximately 78 points due to broader market weakness, marking its fourth consecutive day of losses.

What does it mean when BSE 200 stocks hit a 52-week low?

When BSE 200 stocks hit a 52-week low, it signifies they've reached their lowest trading price in the past year, a key indicator for investors.

How long has the Indian stock market been in decline?

The Indian stock market, as indicated by the Sensex, has been in a decline for four consecutive days as of Thursday.

Home / Business and Economy / Indian Stocks Tumble: BSE 200 Sees Six 52-Week Lows

Indian Stocks Tumble: BSE 200 Sees Six 52-Week Lows

18 Dec

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Summary

Benchmark Sensex declined by approximately 78 points.
The market experienced weakness for the fourth consecutive day.
Six stocks on the BSE 200 index reached new 52-week lows.

Indian Stocks Tumble: BSE 200 Sees Six 52-Week Lows

India's benchmark Sensex experienced a downturn on Thursday, closing at 84,482 points after a fall of approximately 78 points. This marks the fourth consecutive day of decline for the index, reflecting a period of broader market weakness.

Amidst this general slump, the BSE 200 index saw significant movement as six of its constituent stocks reached new 52-week lows. This indicates a notable decline in their share prices over the past year.

A 52-week low is a critical technical indicator closely watched by investors and traders. It signifies the lowest price a stock has traded at over the preceding twelve months, offering insights into its current valuation and potential future trajectory.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.