scorecardresearchMarket Update: More than 550 stocks, including IndusInd Bank, Tata Steel, hit fresh 52-week lows

Market Update: More than 550 stocks, including IndusInd Bank, Tata Steel, hit fresh 52-week lows

Updated: 20 Jun 2022, 04:01 PM IST
TL;DR.
  • Weak global cues weighed on sentiment. Major Asian peers traded lower as sticky inflation and aggressive rate hikes have raised the concerns that the world economy may slip into a recession.
Stocks have been under pressure as the concerns over rate hikes and inflation persist. Photo: REUTERS/Francis Mascarenhas

Stocks have been under pressure as the concerns over rate hikes and inflation persist. Photo: REUTERS/Francis Mascarenhas