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Stock market crash: HDFC Bank, IRCTC, TCS, RVNL, HUL among 296 stocks that hit 52-week low as NIFTY50 trade below 23,700
3 min read | Updated on March 12, 2026, 14:57 IST
SUMMARY
NIFTY50 and SENSEX witnessed a steep fall for the second straight day following a surge in global crude oil prices. SENSEX has fallen over 3,300 points since Monday as investors lost over ₹14 lakh crore in four trading sessions. HDFC Bank, Mahanagar Gas, TCS, and Hindustan Unilever are among the prominent stocks that hit a 52-week low today.
Brent Crude oil futures rose over 8% to a day high of $101.53 per barrel. | Image: Shutterstock
NIFTY50 and SENSEX opened sharply lower on Thursday, March 11. Both benchmark indices traded over 1% lower amid investors sentiments continue remain weak following rebound in global oil prices.
As of 11:00 am, NIFTY50 is down over 170 points or 0.8% to trade at 23,665, with a day low of 23,556. Meanwhile, BSE SENSEX is trading 789 points or 0.7% lower at 76,126. SENSEX hit a day low of 75,871 today.
NIFTY50 index is now down over 9.3% so far in 2026, while SENSEX has lost 10.4% since the start of this year. Markets have remained highly volatile in 2026 amid multiple events like ongoing Middle East crisis, uncertainty around US trade tariff, weakness in Indian rupee and consistent sell-off by Foreign Institutional Investors (FIIs).
Why are stock markets down today?
Today’s market decline was mainly due to sharp rise in global oil prices, which now trades above $100 per barrel level amid fear of oil supply disruption due to the U.S.-Israel war with Iran.
Brent Crude oil futures rose over 8% to a day high of $101.53 per barrel, WTI crude futures trades around $93.7 per barrel. Multiple media reported that two international oil tankers were attacked by Iran near northern Persian gulf adding to concerns over supply disruptions.
International Energy Agency (IEA) is preparing to release a record 400 million barrels of oil from its strategic reserves this week to offset potential oil supply shocks and cool down global oil prices. Brent crude prices had surged to four year high of nearly $120/barrel earlier this week.
Broader market indices like NIFTY Midcap100 (-0.9%) and NIFTY Smallcap100 (-0.9%) are also trading marginally lower. More than 270 stocks hit their 52-week low today as investors did profit booking amid weak market sentiments.
The volatility index, or India VIX, is up 4.46% to 22. All the sectoral indices are trading in red with NIFTY Auto (-2.7%), NIFTY FMCG (-1.4%) and NIFTY Metal (-1.2%) are among the top sectoral losers.
Prominent stocks at 52-week low today
| Stock | 52-week low | 1-year return* |
|---|---|---|
| HDFC Bank | ₹820.1 | -2.43% |
| TCS | ₹2,438.6 | -30.02% |
| Infosys | ₹1,258 | -20.27% |
| Hindustan Unilever | ₹2,124.5 | -2.64% |
| Trent Limited | ₹3,502 | -29.83% |
| Mahanagar Gas | ₹1,010.1 | -18.93% |
| Bajaj Finserv | ₹1,763.5 | -2.24% |
| Tata Motors PV | ₹323.3 | -50.80% |
| Bajaj Holdings & Investment | ₹9,930 | -12.73% |
| Kotak Mahindra Bank | ₹375.1 | -4.35% |
| RITES Limited | ₹194.6 | -6.52% |
| CONCOR | ₹458.4 | -9.74% |
| RVNL | ₹270.9 | -17.09% |
| Jubilant Foodworks | ₹452 | -24.54% |
| IRCTC | ₹520 | -24.66% |
| Swiggy | ₹271.1 | -20.04% |
| Tata Technologies | ₹544.4 | -14.34% |
| Varun Beverages | ₹411.6 | -13.30% |
| Colgate Palmolive | ₹2,001 | -17.53% |
| ACC Limited | ₹1,430.1 | -22.46% |
| ITC Hotels | ₹156.6 | -5.97% |
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