Tata Steel, Cairn India, Vedanta, Vijaya Bank, Tata Sponge, TRF, Valecha Engineering, Unitech, South India Bank, Simplex, Reliance Communications, Reliance Power, SAIL, Manappuram and Adani Power are among the 312 stocks that have hit either 52-week lows or multi-year lows on the BSE. The question doing the rounds at the bourses is will these stocks see further selling due to margin calls or will value buying take place as some of them are ruling at attractive levels.

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