Stock market crash: TCS, Titan to Tata Motors — THESE 6 Sensex stocks hit 52-week lows; do you own any?

Stock market crash: A broad-based selloff swept through the Indian stock market on Monday, April 7, as escalating fears of a trade war and its potential to push the global economy into recession weighed heavily on investor sentiment.

The selloff was so intense that it dragged 734 stocks to their 52-week lows by 11 AM.

Out of these over 700 names, six were Sensex stocks: TCS, Titan, Tata Motors, Reliance, Larsen & Toubro (L&T), and Infosys.

Tata Motors share price saw the biggest fall among them, crashing 12 per cent to hit its 52-week low of ₹542.55.

Infosys share price crashed 10 per cent to its 2-week low of ₹1,307.10

Larsen & Toubro share price plunged 9 per cent to hit its one-year low of ₹2,967.65.

Crashing over 7 per cent during the session, TCS share price hit its 52-week low of ₹3,060.25 on the BSE.

Reliance Industries share price also fell over 7 per cent to touch its 52-week low of ₹1,115.55.

Titan Company share price declined over 4 per cent to touch its 52-week low of ₹2,947.55.

Apart from these six Sensex stocks, Bajaj Auto, Bharat Forge, Cipla, Dabur, DLF, Dr Reddy's Labs, Havells, Hero MotoCorp, Hindalco, LTIMindtree, Samvardhana Motherson International and ONGC, were also among the stocks that hit their 52-week lows.

Sensex sinks 4,000 points

A sharp selloff in the Indian stock market dragged the Sensex nearly 4,000 points, while the Nifty 50 dropped below 21,750 in early deals.

The BSE Midcap and Smallcap indices plunged up to 10 per cent.

The overall market capitalisation of the BSE-listed firms dropped to ₹384 lakh crore from over ₹403 lakh crore in the previous session, making investors lose nearly ₹19 lakh crore in a single session.

"Globally markets are going through heightened volatility caused by extreme uncertainty. No one has a clue about how the turbulence caused by Trump's tariffs will evolve. Wait and watch would be the best strategy in this turbulent phase of the market," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

"Domestic consumption themes like financials, aviation, hotels, select autos, cement, defence and digital platform companies are likely to come out relatively unscathed from the ongoing crisis. Trump is unlikely to impose tariffs on pharmaceuticals since he is on the back foot now and, therefore, this segment is likely to show resilience," said Vijayakumar.

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