Indian equity markets saw continued selective weakness on March 23, 2026, with more than 40 stocks touching fresh 52-week lows amid selling pressure in consumer, pharma, real estate, and financial sectors.
Several well-known large-cap and mid-cap names joined the list of yearly lows, reflecting stock-specific and sectoral challenges.
Notable Stocks at Fresh 52-Week Lows:
| Scrip Name | LTP | 52W Low | Previous Low | Prev Date | Group |
|---|---|---|---|---|---|
| BATAINDIA | 628.30 | 624.00 | 644.55 | 19-Mar-2026 | A |
| CIPLA | 1226.45 | 1224.55 | 1235.80 | 19-Mar-2026 | A |
| PGHH | 9475.15 | 9400.00 | 9681.10 | 20-Mar-2026 | A |
| LODHA | 730.30 | 729.00 | 793.00 | 20-Mar-2026 | A |
| GALAXYSURF | 1570.05 | 1557.65 | 1631.00 | 19-Mar-2026 | A |
| MANKIND | 1921.00 | 1919.00 | 1967.90 | 20-Mar-2026 | A |
| HDFCBANK | 749.90 | 745.40 | 772.00 | 19-Mar-2026 | A |
| ITC | 291.05 | 289.75 | 297.10 | 19-Mar-2026 | A |
| ULTRACEMCO | 10366.00 | 10329.00 | 10579.55 | 13-Mar-2026 | A |
| ADANIENT | 1828.00 | 1820.90 | 1850.00 | 23-Jan-2026 | A |
Key Highlights:
- BATAINDIA slipped to a new low of ₹624.00, extending weakness in the consumer discretionary space.
- Pharma majors CIPLA and PGHH continued their downward trend, hitting fresh yearly lows.
- Real estate stock LODHA and specialty chemicals name GALAXYSURF also breached previous lows.
- Banking heavyweight HDFCBANK and FMCG bellwether ITC joined the list, adding to broader market caution.
The fresh 52-week lows were seen across multiple sectors, indicating stock-specific profit booking and rotation despite some stability in the broader indices.
