Stocks below Rs 100: Only buyers seen in these scrips on April 22

Stocks below Rs 100: Only buyers seen in these scrips on April 22

Sayali Kotwal

 At 3 pm on Friday, the core equity indices i.e., Sensex and Nifty 50 fell sharply, owing to weaker global cues. FED Chairman Jerome Powell announced a rate hike in May, that too by 50 basis points in order to curb the inflation levels that have hit a 40-year high.

 At 3 pm on Friday, the core equity indices i.e., Sensex and Nifty 50 fell sharply, owing to weaker global cues. FED Chairman Jerome Powell announced a rate hike in May, that too by 50 basis points in order to curb the inflation levels that have hit a 40-year high. 

The price of crude oil was trading lower at $102 per barrel whereas the 10-year US treasury yield went up by 2.92 per cent. 

Sensex was at 57,179.91 down by 731.77 points or 1.26 per cent while Nifty was at 17,166.10, down by 224.90 points or 1.29 per cent from the last trading session.                  

On BSE, 1,424 shares have advanced, 1,973 shares declined whereas 125 shares are unchanged.           

The Top Gainers in Nifty 50 pack are Adani Ports, Mahindra & Mahindra, Maruti Suzuki, HCL Technologies, and ITC. Meanwhile, the top five stocks pulling down the index are Hindalco Industries, HDFC Life Insurance Company, SBI, Cipla, and Axis Bank.

BSE Smallcap index is trading at 29,246.71, down by 0.38 per cent. The top gainers in the pack were Shree Renuka Sugars (up by 13.96 per cent), Sterlite Technologies (up by 13.69 per cent) along with Bombay Dyeing Company, Schneider Electric Infrastructure & Borosil, which gained over 12 per cent each. Similarly, the Top Losers include Future Lifestyles Fashions, Rallis India, Birla Tyres, 63 Moons Technologies, and VRL Logistics. 

The shares of sugar manufacturing companies like Shree Renuka Sugars, Bajaj Hindustan Sugar, Dwarikesh Sugar, Dhampur Sugar Mills, Rana Sugars, Rajshree Sugar & Chemicals were up in the range of 2 per cent to 12 per cent during the morning session. 

Following is the list of low-priced stocks that were locked in the upper circuit on Friday. Keep a close eye on these counters for the upcoming sessions:           

Sr.

no.

Stock name 

LTP 

Price gain (per cent) 

Rajshree Sugar Chemicals 

40.5 

9.99 

SHREE RAMA MULTI-TECH LTD. 

14.94 

9.93 

COMPUCOM SOFTWARE LTD. 

27.7 

9.92 

BPL 

80.95 

4.99 

A2Z Infra Engineering Limited 

15.61 

4.98 

ARIHANT CAPITAL MARKETS LTD. 

87.75 

4.96 

Adroit Infotech Ltd 

15.65 

4.96 

Karnavati Finance Ltd 

20.1 

4.96 

Imagicaaworld Entertainment Ltd 

17.57 

4.96 

10 

Sharika Enterprises Ltd 

16.28 

4.96 

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