Stocks below Rs 100: Only buyers seen in these scrips on August 18

The shares in Asia Pacific markets are trading lower after Wall Street ended its five-day winning rally as Federal Reserve again warned that it will monitor the inflation data and market conditions closely in order to decide the next pace of tightening despite the cooling of inflation levels in the month of July.   

At 11.30 am on Thursday, the headline equity indices, i.e. Sensex and Nifty 50 were trading flat, owing to weak global cues.    

The shares in Asia Pacific markets are trading lower after Wall Street ended its five-day winning rally as Federal Reserve again warned that it will monitor the inflation data and market conditions closely in order to decide the next pace of tightening despite the cooling of inflation levels in the month of July.   

As a result, the US equity indices dipped on Wednesday with Dow Jones index losing 171.69 points or 0.50 per cent, Nasdaq Composite dropping 1.25 per cent, and S&P 500 index plunging 0.72 per cent.  

Japanese Nikkei is also trading lower by 0.90 per cent while China’s Shanghai Composite tumbled 0.43 per cent.   

Sensex seems to retain the 60,000 level and is trading at 60,037.23, down by 222.90 points or 0.37 per cent while Nifty 50 is at 17,876.15, down by 69.50 points or 0.39 per cent. Nifty Bank is also down by 0.08 per cent at the 39,436.60 level.  

The FIIs, which are bullish on the domestic markets, bought equity worth Rs 2,347.22 crore on Wednesday (August 17) while the DIIs sold equity worth Rs 510.23 crore.    

The crude oil price is trading at $88.23 per barrel whereas the 10-year US Treasury yield is at 2.88 per cent.  

The Top Gainers in Nifty 50 pack are Tata Consumer Products, SBI Life Insurance Company, Kotak Mahindra Bank, Bharti Airtel, and Hindustan Unilever. Meanwhile, the Top Losers pulling down the index are Dr Reddy’s Laboratories, ONGC, Grasim Industries, Wipro, and Cipla.    

BSE Smallcap index is trading at 28,392.78, up by 0.18 per cent. The top gainers in the pack were Nahar Spinning Mills, Repco Home Finance, TCPL Packaging, BF Utilities, NELCO, and Gandhi Special Tubes. Each of these stocks gained more than 10 per cent. Similarly, the top losers were Techno Electric & Engineering, Future Consumer, Future Retail, Future Enterprises, and KBC Global.  

The sectoral indices were mixed with BSE Oil & Gas, BSE Healthcare, BSE Energy, and BSE IT plunging 1.04 per cent, 0.87 per cent, 0.89 per cent & 0.85 per cent, respectively. Meanwhile, only BSE Realty index is trading higher by 0.80 per cent. 

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