Stock market update: 10 stocks hit 52-week highs on NSE

NEW DELHI: Overall 10 stocks including, Berger Paints, Britannia Industries, DCM Financial Services, MM Forgings, Pidilite Industries and Welspun Enterprises hit 52-week highs on NSE on Wednesday.

However, as many as 147 stocks including Adani Power, Apollo Hospitals Enterprise, Chennai Petroleum Corporation and Corporation Bank hit 52-week lows on NSE.

Indian shares suffered strong losses on Wednesday on across the board selling, led by metal, oil & gas, pharma, FMCG and financials.

Surging crude oil prices and falling rupee continued exerting pressure on the market, while weak global cues offered no hope.

The Sensex index finished the day 306 points, or 0.88 per cent, down at 34,345, with 26 stocks incurring losses and only 5 with gains.

The Nifty index tanked 106 points, or 1.01 per cent, to settle at 10,430, with 14 stocks in the green, 35 in the red and one unchanged.

Shares of State Bank of India, Tech Mahindra, Cipla, UPL, Larsen & Toubro and NTPC emerged as the top Nifty gainers of Wednesday's session.