Stocks below Rs 100: Only buyers seen in these scrips on August 23

The shares of Adani group have been witnessing a heavy sell-off, resulting in a drop in the prices of its respective shares like Adani Ports and SEZ, Adani Green Energy, Adani Wilmar, Adani Enterprises, and Adani Power.

 At 11 am on Tuesday, the headline equity indices, i.e. Sensex and Nifty 50 fell after witnessing high volatility, owing to a sharp fall in the US equity indices.  

 As a result, Asia Pacific markets also plunged sharply with Japan’s Nikkei losing 1.22 per cent whereas China’s Shanghai Composite trading flat at 3,274.22, lower by 0.12 per cent.  

The US equity indices namely, Dow Jones as well as S&P 500 dipped sharply and ended lower by 1.91 per cent & 2.14 per cent, respectively. The tech-heavy Nasdaq also slipped 2.55 per cent.    

Sensex is trading at 58,505.60, down by 268.79 points or 0.46 per cent whereas Nifty 50 is at 17,422.75, down by 67.95 points or 0.33 per cent. Nifty Bank also tanked 0.18 per cent at the 38,228.70 level.  

The FIIs sold equity worth Rs 453.77 crore on Monday (August 22) while the DIIs sold equity worth Rs 85.06 crore.    

The Top Gainers in Nifty 50 pack are Eicher Motors, Bajaj Finserv, Mahindra & Mahindra, Hindalco Industries, and Cipla. Meanwhile, the Top Losers pulling down the index are Adani Ports & SEZ, Tech Mahindra, Infosys, TCS, and Wipro.   

BSE Smallcap index is trading at 27,844.03, down by 0.01 per cent. The top gainers in the pack were Shanthi Gears, Everest Industries, TCPL Packaging, Kalyan Jewellers, Seamec, and Nelcast.  

The shares of Adani group have been witnessing a heavy sell-off, resulting in a drop in the prices of its respective shares like Adani Ports and SEZ, Adani Green Energy, Adani Wilmar, Adani Enterprises, and Adani Power.

On the sectoral front, BSE Auto (0.83 per cent), BSE Metal (1.48 per cent), and BSE PSU (0.66 per cent) were the only indices that are trading on the greener side.    

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