BSE has revised circuit limits of 10 penny stocks including Bajaj Hindusthan Sugar; Check if you own any!

Here is the complete list along with the price performance of the stocks in the last one month

On Tuesday, the Bank of Japan stunned global markets in a completely unexpected move, raising the cap on 10-year yields to 50 basis points, which is seen as a step towards a hawkish policy shift. This aggravated the sell of in the global market, which was already risk-averse due to mounting recessionary fears following the Fed’s comments. But as the day progressed, global markets recovered from lower levels, so did the Indian benchmark indices.

Nifty recovered almost 183 points and settled near the day’s high. On the daily chart, it has formed a candle which resembles to a hammer pattern. Going ahead, market participants would keenly watch the level of 18,400-18,450 as it’s a stiff resistance for the Nifty. Apart from this, Bombay Stock Exchange (BSE) has revised the circuit limit of almost 10 stocks from Wednesday (December 21).

Interestingly, out of 10 stocks, all the stocks’ circuit limit has been revised downwards.

Here is the complete list along with the price performance of the stocks in the last one month:

Yashraj Containeurs Ltd, which has seen the circuit limit being revised from 10 per cent to 5 per cent has jumped nearly 138 per cent in the last one-month performance, hence, the stock turned multibagger.