Over 100 stocks hit 52-week low on BSE-500 index
Analysts advise investors to build a portfolio with stocks which are trading at decent valuations and can be accumulated on declines.
Broader market stocks that can rally 20% in short term
Benchmarks have been under pressure for the past four sessions on worries that the RBI may hike interest rates to support the rupee.
Sensex down 155 points to nearly 3-week low ahead of RBI policy
Weak earnings posted by some companies like Indian Bank, Bharti Infratel, Allahabad Bank and Jaiprakash Associates also led to selling, brokers added.
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