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Shares of aluminium producer Hindalco Industries have plunged 35 per cent from their 52-week high hit in March 2022. Hindalco stock, which touched a 52-week high of Rs 636 on March 23, 2022 was trading at Rs 412 on BSE today, down 35.22 per cent during the period. Later, the Hindalco stock touched an intraday high of Rs 419, rising 2.03 per cent from the previous close of Rs 410.65. Hindalco shares are trading higher than the 5-day, 20-day, 50-day and 100-day moving averages but lower than 200-day moving averages.

Sensex tumbled 638.11 points or 1.11 per cent to end at 56,788.81. During the day, it crashed 743.52 points to 56,683.40.

Adani Enterprises, which traded lower for the seventh straight session today, plunged a further 10 per cent or Rs 345.55 to hit an intraday low of Rs 3,110.20 on the BSE index. It finally settled Rs 8.51 per cent lower at Rs 3,157.15.

Shrikant Chouhan of Kotak Securities said a pullback rally is due, which may lift Shree Cement stock to Rs 24,500 level.

Sensex fell 224 points to close at 60,346 and Nifty declined 66 points to settle at 18,003 in the previous session.