Research icon:Two-thirds Nifty stocks trade at 10-70% discount to their 52-wk highs; should you buy?

Sensex stocks are also following a similar trend and 18 of them are trading at 10-70 percent lower than their respective 52-week highs

Over two-thirds of Nifty stocks are trading at a double-digit discount to their respective 52-week highs, which has also pulled the index 5 percent lower in June-July.

These 34 stocks include Cipla, Titan, ONGC, Hero MotoCorp, ZEE Entertainment, Sun Pharma, JSW Steel, M&M, Maruti Suzuki and YES Bank, among others.

Sensex stocks are also following a similar trend and 18 of them are trading at 10-70 percent discount to their 52-week high

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