Market rout: Some stocks still managed to hit 52-week highs
As the market rout continued, some stocks still managed to make gains, with over 30 companies hitting their 52-week high levels today and gains in blue- chips such as Bharti Airtel and Tata Steel cushioned the fall in the broader market to some extent. The BSE Sensex cracked below the 34,000-mark by plunging about 1,275 points or 3.6 per cent in opening trade today mainly due to sell-off in world markets. However, during the late trading session, the index managed to recover some of the lost ground and was quoting…
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