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ITC, Power Grid, ONGC, Coal India, SBI Life: Nifty stocks trade near 52-week lows; what's next?

Reported by: Business Today ·

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ITCPower GridONGCCoal IndiaSBI Life

Summary

Business Today reported that five Nifty stocks — ITC, Power Grid, ONGC, Coal India and SBI Life — are trading near their 52-week lows. A 52-week low is the lowest price a stock has touched in the past year, so a stock near that level is close to its weakest point of the year. Nifty is the benchmark index of 50 large companies on the National Stock Exchange. The headline asks what comes next, but the report gives no figures, dates or reasons for the moves, and no details on how close each stock is to its low. The headline also carries an analyst-style question about the road ahead; any such view would be the analyst's, not Hypeless's.

AI summary of what Business Today reported. AI can make mistakes. Read the full story on Business Today

Learn: What are the Sensex and the Nifty?

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Business Today  · via Google News · · Tone 0

ITC, Power Grid, ONGC, Coal India, SBI Life: Nifty stocks trade near 52-week lows; what's next?

Some headlines quote an analyst. Those views are theirs, not ours.

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  • Nifty

    The Sensex and the Nifty 50 are scoreboards for a group of big Indian companies. Learn what they measure and how to read "Sensex up 300 points".

    Learn: What are the Sensex and the Nifty?

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