L&T, SBI, BHEL, Axis Bank, ICICI Bank at 52-week lows: Is there hope in 2016?
China, crude oil and other global events have been impacting Indian markets since early 2015. Nearly half of the broad based Nifty index stocks are trading at their 52 week lows. Shankar Sharma of First Global in an interview with CNBC TV18 said that the state of global stock markets in January 2016 eerily resembles the one witnessed in January 2008 – when equity markets topped out after a multi-year bull run. Read Articles
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