Sensex dips by more than 900 points; Adani Power, Inflame Appliances, DHFL lock in at upper circuit
On Thursday, Sensex plunged around 904.73 points during the morning trading session to touch the day’s low at 50,539.92. Later, as the index recovered, Sensex was seen trading at 51,037.51, still down by 407.14 points or 0.79 per cent.
As concerns over the rising bond yields surfaced, stocks in the domestic markets joined the global sell-off. In India, generally, this is being seen as a ‘buy on dips’ moment.
BSE MidCap and BSE SmallCap indices outperformed the domestic benchmark indices, gaining by 0.81 per cent and 0.96 per cent, respectively since currently, money is seen moving into this segment on valuation comfort as investors remain confident about the broader markets.
The circuit summary on BSE showed that a total of 400 stocks have locked in at their respective upper or lower circuits on Thursday with 240 being locked in their respective upper circuit while 160 stocks locked in their respective lower circuits.
Below is a list of stocks that locked in at their respective upper circuits on Thursday:
|
Company name
|
Circuit limit (per cent)
|
LTP (Rs)
|
|
Welspun Enterprises
|
19.98
|
115.60
|
|
Equitas Small Finance Bank
|
19.94
|
59.55
|
|
Adani Power
|
9.93
|
71.40
|
|
Aarti Surfactants
|
5
|
1019.30
|
|
Inflame Appliances
|
5
|
185.90
|
|
PTC Industries
|
5
|
1328.70
|
|
Hindustan Construction Co. Ltd
|
4.98
|
9.49
|
|
Reliance Power
|
4.90
|
4.50
|
|
DHFL
|
4.82
|
23.90
|
|
Veritas (India)
|
1.96
|
49.45
|