Sensex & Nifty recover losses; Tide Water Oil, 5paisa Capital, ADAG Group companies lock in at upper circuit

The scrip of multibagger Aditya Vision jumped by around 1,127.84 per cent on a YTD basis while the scrip gained by more than 6 per cent in the last one week. 

On Monday, the domestic benchmark equity markets remained volatile. Sensex and Nifty managed to close in the positive territory after recovering losses from the morning session. Sensex ended at 52,551.53 levels, up by 76.77 points or 0.15 per cent. Nifty gained by a mere 0.08 per cent or 12.50 points to close at 15,811.85 levels. 

Unwavered by the volatile environment of markets, the stocks of some of the companies locked in at their respective upper circuits. The shares of ADAG Group (Anil Dhirubhai Ambani Group) companies gained after the board of Reliance Power approved preferential issuance of shares & warrants to Reliance Infrastructure. As a result, Reliance Infrastructure will increase its stake in Reliance Power by converting debt into equity. 

The scrip of multibagger Aditya Vision jumped by around 1,127.84 per cent on a YTD basis while the scrip gained by more than 6 per cent in the last one week. 

On the other hand, the shares of companies belonging to Adani Group such as Adani Transmission, Adani Total Gas, Adani Power, etc. as well as that of Majesco, PNB Housing Finance, Vadilal Enterprises, etc. tumbled and locked in at their respective lower circuits on Monday.

Here is a list of stocks that got locked in at their respective upper circuits on Monday:-