Stocks below Rs 100: Only buyers seen in these scrips on August 24

The stocks of telecom, energy, realty & private banks were seen gaining on the bourses whereas the IT, auto, and consumer durable stocks were seen trading with losses.    

 At 11 am on Wednesday, the headline equity indices, i.e. Sensex and Nifty 50 are trading marginally lower as the US market continues to bleed for the third consecutive day.  

Asia-Pacific shares were mixed as Mainland China markets slipped. Shenzhen Component led losses regionally, falling by 1.4 per cent. Shanghai Composite, Hong Kong’s Hang Seng index, and Japan’s Nikkei also plunged 0.72 per cent, 0.92 per cent & 0.44 per cent, respectively.    

The US equity indices i.e. Dow Jones and S&P 500 settled lower by 0.47 per cent & 0.22 per cent, respectively.    

Sensex is trading at 59,161.08, up by 129.08 points or 0.22 per cent while Nifty 50 is at 17,615.35, up by 37.85 points or 0.22 per cent. Nifty Bank is also up by 0.54 per cent at the 38,899.75 level.    

The FIIs are investing in the domestic markets and bought equity worth Rs 563 crore on Tuesday (August 23) while the DIIs have sold equity of net worth Rs 215.2 crore.      

The Top Gainers in Nifty 50 pack are ONGC, IndusInd Bank, Apollo Hospitals, NTPC, and Coal India. Meanwhile, the Top Losers pulling down the index are Divi’s Labs, TCS, Tata Consumer Products, Nestle India, and BPCL.  

BSE Smallcap index is trading at 28,262,22, down by 0.71 per cent. The top gainers in the pack were Medicamen Biotech (19 per cent), SVP Global Textiles (16 per cent), Shivalik Rasayan (10 per cent), and TV Today Network (9.53 per cent), and Tejas Networks (7.24 per cent). 

The stocks of telecom, energy, realty & private banks were seen gaining on the bourses whereas the IT, auto, and consumer durable stocks were seen trading with losses.    

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

1 comments on article "Stocks below Rs 100: Only buyers seen in these scrips on August 24"

Kamal Jain

Pease I wants some trips on small scale equity

8/25/2022 6:53 PM

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