Shares below Rs 100 : These trending shares made a fresh 52-week high on August 1

The ace investor Rakesh Jhunjhunwala's stock Nazara Technologies kept bulls in the market busy. The shares of Nazara Technologies zoomed higher by 20 per cent on closing basis.

The BSE Sensex closed higher by more than 500 points, thus recording gains of over 9 per cent in one month. It is a perfect start of the month for the bulls as the broader markets also participate in the rally. BSE Small cap index jumped higher by 1.47 per cent and the BSE Midcap index was up by 1.51 per cent on Monday. Interestingly the FIIs turned out to be net buyers on the 1st day of the month. Nifty is clearly in an overbought zone if you were to observe the technical indicators. However, there is no sign of fatigue in the trend and hence most analysts expect the continuation of the bullish trend, at least in the near term. 

With Tata Motors reporting highest ever monthly sales and a 51 per cent growth in sales when compared to similar month's sales in the previous year, the shares of Tata Motors climbed higher by ~7 per cent. IDFC First bank was the top mid cap gainer on August 1 while from the small cap space it was the ace investor Rakesh Jhunjhunwala's stock Nazara Technologies that kept bulls in the market busy. The shares of Nazara Technologies zoomed higher by 20 per cent on closing basis. 

While the action was visible in the frontline stocks, several shares that trade below Rs 100 were seen buzzing on bourses. Few low-priced shares were seen making fresh 52-week highs on August 1. 

Here is the list of low-priced stocks that made fresh 52-week high on August 1 -