DSIJ Mindshare

Stocks below Rs 100: Only buyers seen in these scrips on August 25
Sayali Kotwal
/ Categories: Trending, Mindshare

Stocks below Rs 100: Only buyers seen in these scrips on August 25

The Asia-Pacific shares also rose as the Chinese Government is focused on stabilising its economy by lowering the lending rates. Japan is also trying to do the same by sticking to an ultra-loose monetary policy. On the other hand, Bank of Korea hiked its interest rate by 25 bps. 

 At 11.30 am on Thursday, the headline equity indices, i.e. Sensex and Nifty 50 were seen trading higher as the global indices seemed to be cautious about Fed Chairman’s comments about inflation at Jackson Hole Annual Meet, scheduled to take place on Friday.  

The Asia-Pacific shares also rose as the Chinese Government is focused on stabilising its economy by lowering the lending rates. Japan is also trying to do the same by sticking to an ultra-loose monetary policy. On the other hand, Bank of Korea hiked its interest rate by 25 bps.  

Shanghai Composite was trading higher by 0.35 per cent, Hong Kong’s Hang Seng index gained 1.62 per cent while Japan’s Nikkei climbed 0.70 per cent.  

The US equity indices such as Dow Jones and S&P 500 settled lower by 0.18 per cent & 0.29 per cent, respectively.  

Sensex is trading at 59,230.78, up by 145.35 points or 0.25 per cent while Nifty 50 climbed 47.30 points or 0.27 per cent to be at 17,652.25. Nifty Bank advanced 0.53 per cent at the 39.244.60 level. 

The US Treasury yield rose and got settled at 3.106 per cent as investors are awaiting economic data & treasury auctions.  

The FIIs invested in the domestic markets and bought equity worth Rs 23.19 crore on Wednesday (August 24) while the DIIs sold equity for a net worth of Rs 322.34 crore.    

The Top Gainers in Nifty 50 pack are UPL, SBI Life Insurance Company, Hindalco Industries, Divi’s Labs, and Shree Cement. Meanwhile, the Top Losers pulling down the index are Adani Ports & SEZ, Cipla, TCS, Bajaj Finance, and Tata Consumer Products.   

BSE Smallcap index is trading at 28,462.82, up by 0.69 per cent. The top gainers in the pack are Ramky Infrastructure (20 per cent), Time Technoplast (13.66 per cent), Anant Raj (10. 34 per cent), IndoStar Capital Finance (10 per cent), and Hindustan Construction Company (8.5 per cent). 

The stocks of consumer durables, metal, realty, utilities, and PSU are trading higher whereas only IT stocks are lagging on the bourses today.  

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:   

Sr No  Stock LTP Price Gain (%)
1 Aban Offshore 57.15 19.94
2 Walchandnagar Industries 55.8 9.95
3 Peninsula Land 13.72 9.94
4 Arihant Capital Markets 76.65 5
5 Vidli Restaurants 40.05 4.98
6 Transwarranty Finance 12.04 4.97
7 Vaksons Automobiles 12.89 4.97
8 Ansal Properties Infrastrucutre 16 4.92
9 Imagicaaworld Entertainment 38.7 4.88
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