8 Nifty stocks perilously close to 52-week low levels. Will buy-the-dip mantra work?

At least 8 of the 50 stocks in India’s Nifty50 index are dangerously close to their 52-week low levels, according to analysis. Infosys, the Indian IT company, is the closest to its 1-year low, just 4% away from its Rs 1,185 ($15.76) mark. A total of four IT stocks feature in the list, which analysts said were among the worst affected sectors, affected by domestic and global headwinds.

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