Delhivery, Tata Elxsi: Trading strategies in stocks that hit 52-week lows

The Indian equity benchmark indices were seen trading with a negative bias on Wednesday dragged by intense selling pressure in IT shares. The BSE Sensex was down over 400 points or 0.6 per cent, while the IT index cracked nearly 3 per cent. The broader market trend has been weak, since the benchmark indices registered a peak in September 2024.