Stocks good for investing at current levels - MC

Stocks trading at a discount to their book value
Stocks like MTNL, HPCL, OBC, SCI, Bank of Baroda, Arvind Mills and recently listed companies like GVK Power Infrastructure, and Visa Steel are all available at a steep discount to their book value.
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Stocks that hit 52-wk lows since May 11
982 companies, out of the 4475 companies that are actively traded on the BSE, touched their 52-week lows since May 11. Interestingly, a whopping 899 out of these touched their nadir on one single day, June 8, as the Indian benchmark index, the BSE Sensex crashed by 461 to close at 9296 points.
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