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Shares of IndusInd Bank climbed over 5 per cent in morning trade on Thursday after the company reported a 60.5 per cent jump in net profit for the quarter ended June
Analysts said many stocks in the BSE 500 universe have broken their crucial support levels and it is difficult for them to bounce back in the near term
Aurobindo Pharmaceuticals, BHEL, Ambuja Cements, Grasim Industries, Zee Entertainment, Glenmark Pharmaceuticals, Lupin and LIC Housing Finance were among the 34 stocks that hit their 52-week lows
Majority of the trouble-hit companies ended the day in the red, even as investors lapped up shares across the board
Mid-cap information technology (IT) stocks dominate the list of companies that are trading significantly above their 200-DMA