On August 31, 2015, Hindustan Zinc took the support of 200 and 50-EMA (placed at 127) and rallied up to 340, but then corrected towards the 200-EMA (placed at 157), making a higher low.
Market rout: 7 of top-10 valued firms see Rs 1.25 lakh crore erosion
The stock continued to remain the most valued listed company in the country despite the decline.