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  1. Stock market crash: HDFC Bank, LIC, ICICI Bank, Swiggy among 122 stocks that hit 52-week low on NSE

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Stock market crash: HDFC Bank, LIC, ICICI Bank, Swiggy among 122 stocks that hit 52-week low on NSE

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3 min read | Updated on April 02, 2026, 13:39 IST

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SUMMARY

NIFTY50 and SENSEX saw a sharp decline after US President Donald Trump aggravated tone on the US-Iran conflict. Brent Crude oil prices surged above $108 per barrel amid uncertainty around the Strait of Hormuz opening.

DLF_Godrej Properties_Lodha Developers_hit_52-week_low

Brent Crude oil prices rose over 7% to trade around $108 per barrel.

NIFTY50 and SENSEX resumed their downward trend on Thursday, April 2, as both benchmark indices traded over 2% lower amid rising geopolitical tensions following US President Donald Trump's aggressive tone on the US-Iran war.

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As of 11:30 am, the NIFTY50 index is trading 469 points or 2.1% lower at 22,213, with a day low of 22,182. Meanwhile, BSE SENSEX is down 1519 points or 2.1% lower at 71,644. SENSEX hit a day low of 71,545 today. Among the NIFTY50 stocks, Eternal (-5.0%), State Bank of India (-3.6%), IndiGo (-3.5%) and NTPC (-3.2%) were the top losers.

After witnessing a decent gain in the previous trading session, markets resumed their fall today. Investors witnessed a cumulative market cap loss of around ₹10 lakh crore in a single session as the overall market capitalisation of BSE-listed firms dropped to ₹412 lakh crore from ₹422 lakh crore on Wednesday.

Why is NIFTY50 down today?

US President speech: US President Donald Trump in his televised speech on Wednesday night, said the US military has nearly completed the goals it had set out to accomplish in its war with Iran. He added that the US would continue to hit targets in Iran ​over the next two to three weeks.
Oil prices surge above $108/barrel: Following Donald Trump's aggravated tone on the US-Iran conflict, oil prices rebounded. Brent Crude oil prices rose over 7% to trade around $108 per barrel as uncertainty around the opening of the Strait of Hormuz, which is a key waterway for global oil exports still persists.
Weak global markets: Domestic markets also reacted to a fall in global stock markets. Asian markets fell sharply after Trump's address, with the Nikkei 225 trading 2.4% lower, while the Hang Seng down 1.3% as uncertainy about the US-Iran war.

Broader market indices like NIFTY Midcap100 (-2.0%) and NIFTY Smallcap100 (-2.1%) are also trading lower. More than 120 stocks hit their 52-week low today as investors did profit booking amid weak market sentiments.

The volatility index, or India VIX, is up 3.6% to 25.92. Except for NIFTY IT (+0.1), all the sectoral indices are trading red with NIFTY PSU Bank (-3.3%), NIFTY Chemicals (-2.2%) and NIFTY Media (-2.2%) among the top sectoral losers.

Prominent stocks at 52-week low today

Stock52-week low1-year return*
HDFC Bank₹726.6-18.15%
Godrej Properties₹1,434-33.13%
Lodha Developers₹650.8-46.51%
Voltas Limited₹1,186.8-11.47%
Blue Star₹1,450-31.23%
DLF Limited₹489.4-27.83%
The Indian Hotels Company₹565-31.55%
Havells India₹1,142.5-23.69%
Swiggy Limited₹256.7-25.12%
Life Insurance Corporation Of India₹721.5-10.78%
HDFC Life Insurance₹556.9-19.50%
ICICI Prudential Life Insurance₹496.5-11.26%
SBI Cards and Payment₹615.5-27.84%
Kotak Mahindra Bank₹345.5-19.13%
Cipla Limited₹1,165.7-18.96%
Hindustan Unilever₹2,029.6-8.69%
ICICI Bank₹1,187.6-10.13%
Tata Communications₹1,322.5-16.51%
LG Electronics India₹1,325-
Pidilite Industries₹1,272.3-9.86%
Indraprastha Gas₹141.7-29.04%
Dabur India₹403.3-18.12%

*1-year return as per NSE website

About The Author

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Sreenivas Ajankar is a Deputy Editor at Upstox and has over nine years of experience in capital markets. His areas of expertise include equity research, analysis and business valuation.

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