Shares below Rs 100: Only buyers were seen in these stocks on January 31, ahead of budget!

Shares below Rs 100: Only buyers were seen in these stocks on January 31, ahead of budget!

Kiran Shroff
/ Categories: Trending, Mindshare

Today, the Indian benchmark indices were trading flat and BSE Telecommunication Index was leading the gainers on the second straight day. 

Today, the Indian benchmark indices were trading flat and BSE Telecommunication Index was leading the gainers on the second straight day. About 2,287 shares have advanced, 1,098 declined and 149 are unchanged on BSE.

At 01:15 pm, BSE Sensex was trading flat, down around 104 points or 0.16 per cent at a level of 59,397.18 and NSE Nifty-50 also was trading flat, down around 21 points or 0.13 per cent at 17,628.35. 

Broader indices outperformed main indices with a significant margin despite weakness in main indices. BSE Mid-Cap Index surged 1.15 per cent and BSE Small-Cap Index surged 1.70 per cent. 

Because of Hindenburg Research reports, Adani Group's stocks have been affected for the past 4 days. While the broad selloff continues, Adani Green Energy Ltd and Adani Total Gas Ltd, Adani Power and Adani Wilmar Ltd are down and have touched back-to-back lower circuits. Adani Enterprises Ltd, Adani Transmission and Adani Ports & Special Economic Zone Ltd all increased in value today. 

The Union Budget 2023 of India will be announced tomorrow, i.e. February 01, 2023, which consists of capital expenditure and when talking about the current year, the union budget has been increased by 35.4 per cent to Rs 7.5 lakh crore as per reports. 

  

Following is the list of low-priced stocks that were locked in the upper circuit on January 31, ahead of budget: 

Sr. No 

Company Name 

LTP (Rs) 

% Change in Price 

Money Masters Leasing Finance Ltd 

14.52 

10 

Margo Finance Ltd 

38.1 

9.96 

Madras Fertilizers Ltd 

63.05 

JMJ Fintech Ltd 

25.2 

Deco-Mica Ltd 

78.95 

4.99 

Sharad Fibres Yarn Processors Ltd 

37.85 

4.99 

Citadel Realty and Developers Ltd 

24.2 

4.99 

Magnum Ventures Ltd 

31.65 

4.98 

VCK Capital Market Services Ltd 

26.75 

4.98 

10 

Rishi Laser Ltd 

26.35 

4.98 

Investors should keep an eye on these stocks.

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