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Indian indices have fallen sharply on Monday, March 23, as the Iran-Israel war continues to build on geopolitical uncertainties and crude prices rise. Investor wealth worth about ₹15 crore has been wiped out, and 46 of the Nifty 50 constituents are trading with losses, with 16 of them hitting the 52-week low. Let's take a look at stocks hitting their lowest levels in the last 12 months:
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Indian indices have fallen sharply on Monday, March 23, as the Iran-Israel war continues to build on geopolitical uncertainties and crude prices rise. Investor wealth worth about ₹15 crore has been wiped out, and 46 of the Nifty 50 constituents are trading with losses, with 16 of them hitting the 52-week low. Let's take a look at stocks hitting their lowest levels in the last 12 months:
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IT stocks have also been hit by the crash, with Wipro and TCS hitting their respective 52-week lows at ₹187.3 and ₹2,348, respectively. Shares of Wipro fell 31.82% from their 52-week highs of ₹274.70, while those of TCS are down 36.71% from highs of ₹3,710 in March last year. Wipro has dropped 29.64% this year, while TCS is down 25.73% year-to-date.
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