Bear grip: Over 45% of NSE stocks trading below 2008 lows

The overall slowdown in the economy and the general liquidity crunch, have taken a toll on almost every other stock listed on the NSE. An analysis by Business Line indicates that over 45 per cent of the stocks listed on the National Stock Exchange are now ruling below their 2008 lows. Yet, the benchmark NSE index Nifty, which closed at 5,685 on Monday, has fallen just 10.57 per cent from the all-time high of 6,357 it hit in January 2008.

Read Full Story>>