SHARES HITTING THEIR 52 WEEK LOW

In line with a weak stock market where benchmark Sensex plunged nearly 300 points, as many as 263 stocks hit their respective one-year lows on BSE today.Bluechips SBI, ICICI Bank, Punjab National Bank (PNB), Larsen & Toubro, HDFC Bank, BHELBSE  and Jaiprakash Associates were among the stocks that touched their 52-week.

Shares of SBI fell 2.60 per cent to Rs 1,530.40, while ICICI Bank was down 5.07 per cent to Rs 815.10. PNB slipped 4.04 per cent, L&T (2.43 per cent), HDFC Bank (0.93 per cent) and BHEL (2.45 per cent).

In contrast, 39 stocks, including HPC Biosciences and Lifeline Drugs, scaled their one-year high.In the broader market, the Sensex ended the day at 18,307.52, down 290.66 points or 1.56 per cent.Among the 30-Sensex components, 24 of them ended the day with losses, led by Bharti AirtelBSE -5.51 % that tanked 5.51 per cent.

Besides, 11 of the 13 sectoral indices also saw weakness and fell in the range of 0.26-3.40 per cent.The rupee today breached the 63-mark against US dollar in fag-end trade at the Interbank Forex market despite a number of steps from RBI to curb the currency free-fall.

To curb dollar outflows, RBI on August 14 announced stern measures, including curbs on Indian firms investing abroad and on outward remittances by resident Indians