Sensex And Nifty Crash: Top 3 Stocks Reach 52 Week Low

5 months ago 22

The bloodbath successful the Indian banal markets continues to widen contiguous arsenic well, with large indices flashing bold reddish signals. Sensex and Nifty crashed 450 points connected February 28, erasing large gains that they had accumulated since June 2024. The plummet is acceptable to person been caused by the changing geopolitical changes, including uncertainty astir Trump’s tariff stance towards India. At the aforesaid time, the US dollar is expected to fortify further against large currencies, including the INR, which is again causing large marketplace fluctuations to unravel with time. That being said, these large stocks person fallen and deed caller lows amid the caller marketplace pressure.

The Indian markets are besides feeling further pressure due to caller FIR filings submitted against SEBI main Madhavi Puri Buch and 5 different executives. The Sensex and Nifty responded to the quality negatively, declining importantly successful the process.

Also Read: BRICS: Brazil Reiterates Need to End US Dollar, Will 150% Tariffs Follow?

Three Major Stocks That Have Reached New Lows Amid the Latest Sensex and Nifty Crash

1. Tata Motors Ltd. (TAMO)

The shares of Tata Motors (TAMO) person fallen dramatically successful the past week, erasing 47% gains from its highest terms since June 2024. However, the bully quality is that contempt the important autumn noted successful its terms today, TAMO is expected to emergence high, with analysts predicting an INR 1000 and beyond terms worth for the stock. Per CNBC, 34 analysts person flashed a bargain awesome for the stock, with projections indicative of a 34% upside soon.

2. Larsen And Toubro (LT)

Per the portal, Larsen and Toubro, a mega giant, is besides trading successful a precise constrictive range, hitting a 52-week debased astatine present. The banal has plummeted astir 20% from its highest and is present predicted to gradually prime up its gait provided the marketplace unit eases soon. Analysts person predicted LT to people a caller precocious soon, perchance peaking by 20% soon. The experts are bullish connected LT, claiming that the banal has the imaginable to crook the tables astir soon.

Also Read: Shiba Inu to Get Boost From ETH Upgrade: Can SHIB Reverse 12% Fall?

3. Asian Paints (ASIANPAINT)

A starring Indian marketplace player, Asian Paints has besides noted a melodramatic banal plunge, arsenic geopolitical narratives proceed to dictate the Indian banal scene. Per CNBC, Asian Paints person declined 35% arsenic of late, down to a caller 52-week low. The banal is flashing a “sell” awesome per experts, with analysts projecting a 10% upside for the banal successful the adjacent future.