These ten stocks are trading close to their 52-week low

A 52-week low is the lowest price at which a stock has traded during the last one year period.

Indian equity markets closed the trading session on February 11, 2025, with a sharp sell-off, gripped by global and domestic headwinds.

Concerns over potential tariffs on steel and aluminium imports, following remarks from U.S. President Donald Trump, rattled investor sentiment. The Nifty 50 closed below the critical 23,100 mark, while the Sensex shed over 1,000 points, marking one of the worst single-day declines in recent months.

All sectoral indices ended in the red, with midcap and smallcap segments also witnessing heavy selling pressure. The market’s reaction highlighted the fragility of investor confidence amid external uncertainties and domestic economic challenges.  

Trading Levels and Market Performance
The Nifty 50 ended the day at 23,071.80, down 309 points or 1.32 per cent. The index breached key support at 23,200 and slid further, with analysts now eyeing 22,800 as the next potential support level if the downtrend continues. Resistance is pegged at 23,350, a level the index failed to reclaim despite brief intraday attempts.

The Sensex closed at 76,293.60, falling 1,018.20 points or 1.32%. Trading volumes on the NSE cash market were 17% below the average, reflecting subdued participation amid the sell-off.  

Sectoral indices painted a grim picture, with consumer durables, capital goods, IT, oil & gas, healthcare, power, PSU, realty, and telecom sectors declining between 1 and 3 per cent. The Nifty Midcap index shed 3 per cent, while the smallcap index declined by more than 3 per cent.  

Among individual stocks, Apollo Hospitals (-6.45 per cent), Eicher Motors (-6.11 per cent), and Shriram Finance (-4.19 per cent) were the biggest Nifty losers on the Nifty 50. On the flip side, Adani Enterprises (2.28 per cent), Grasim Industries (1.08 per cent), and Bharti Airtel (0.48 per cent) managed to buck the trend with modest gains.  

The Nifty Bank index also faced selling pressure, closing at 49,403.10, down 1.16 per cent. It continues to trade within a tight consolidation phase, hovering just above the breakout level of the double-bottom pattern. The index is struggling below its 50- and 200-day EMAs, with resistance seen at 50,500-50,600 and support at 49,900-49,650.  

Global markets provided little respite. While Wall Street indices ended higher overnight, Asian stocks started the day on a tepid note. The dollar index inched higher, moving from a recent low of 107.40 to 108.50, capping gains on the higher side for emerging markets like India.  

Today's newsmakers
Domestic factors also weighed heavily. Canara Bank announced a 10 bps reduction in its one-month MCLR to 8.35 per cent, effective February 12, 2025, reflecting a cautious stance on lending rates.

Meanwhile, SEBI’s new regulations on algo trading, set to be implemented from August 1, 2025, added to the compliance burden for brokers and retail investors. These rules mandate that stockbrokers obtain exchange approval for each algo strategy and require tech-savvy retail investors to register their algos with exchanges through brokers.  

Here is the list of the stocks that ended close to their 52-week low on February 11, 2025:

Closing thoughts
The market’s sharp decline underscores the challenges ahead, with global trade tensions and regulatory changes adding to the uncertainty. As the dust settles, investors will closely watch whether the Nifty can hold above 22,800 and regain lost ground in the sessions ahead.

Disclaimer: The article is for informational purposes only and not investment advice.