Stories
Stocks Hit 52-Week Lows Amid Mixed Market Momentum
M
Moneycontrol•08-10-2026, 10:19
Stocks Hit 52-Week Lows Amid Mixed Market Momentum
- •Several notable stocks including Inox Wind, Bombay Burmah, Vishal Mega Mart, and Power Grid Corp hit fresh 52-week lows amid persistent selling pressure in the market.
- •Brooks Laboratories saw a strong upward momentum, rising 9.72 percent and trading above all key short and medium-term moving averages.
- •Shree OSFM Mobility shares experienced significant downward pressure, falling 14.50 percent and trading below all major moving averages.
- •Stocks such as Indo Thai Securities and JHS Svendgaard Retail Ventures were locked in their lower circuits, signaling bearish near-term sentiment.
Key Questions Answered
Several stocks touched a fresh 52-week low on October 8 due to persistent selling pressure, including Inox Wind, Bombay Burmah, Vishal Mega Mart, Power Grid Corp, PI Industries, Rail Vikas Nigam, Gujarat Energy, Chambal Fertilisers, SJVN, Rashtriya Chemicals, and Max Healthcare.
Brooks Laboratories shares rose 9.72% to Rs 67.75 and are trading above their 30-day, 50-day, 150-day, and 200-day SMAs, which indicates a positive trend across key moving averages.
Indo Thai Securities, JHS Svendgaard Retail Ventures, and Tamilnadu Telecommunications were among the stocks locked in their lower circuits, which reflects strong selling and signals bearish near-term market sentiment.
