BSE Sectoral Indices Plummet: FMCG, IT, Realty Stocks Hit 52-Week Lows, Down 13% in a Month
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FMCG, IT, Realty Stocks Plunge: BSE Indices Hit 52-Week Lows Amid Market Turmoil
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News18•13-03-2026, 13:47
FMCG, IT, Realty Stocks Plunge: BSE Indices Hit 52-Week Lows Amid Market Turmoil
•FMCG, IT, and Realty sectoral indices on BSE hit 52-week lows, extending broader market decline.
•Over the past month, BSE Realty plunged 13%, IT declined 9%, and FMCG slipped 5%, while Sensex fell 8.8%.
•Frontline stocks like Tata Consultancy Services, Infosys, DLF, Varun Beverages, and Colgate-Palmolive touched 52-week lows.
•Volatility in global crude oil prices, surging from $70 to $120 before moderating, is pressuring FMCG companies due to high raw material costs.
•Rising crude prices could force FMCG firms to implement price hikes, potentially impacting demand; weak global cues and FII outflows also weigh on markets.
