Stocks below Rs 100: Only buyers seen in these scrips on June 10
At 11.30 am on Friday, the core equity indices, i.e. Sensex and Nifty 50 were trading lower by more than a per cent each as the global indices fell sharply due to various reasons as listed below.
At 11.30 am on Friday, the core equity indices, i.e. Sensex and Nifty 50 were trading lower by more than a per cent each as the global indices fell sharply due to various reasons as listed below.
The European markets fell as the European Central Bank announced that it will hike the interest rates by 25 basis points in the month of July as well as in September. The ECB also downgraded its growth forecast and increased its inflation level projection.
The Asia Pacific markets are giving a mixed reaction as the shares of e-commerce Alibaba climbed 3 per cent while the Chinese technology stocks also rallied as the inflation data for May was satisfactory and met analysts’ expectations.
Sensex was at 54,465.28, down by 855 points or 1.55 per cent while Nifty was at 16,238.15, down by 239.95 points or 1.46 per cent from the last trading session.
The Top Gainers in Nifty 50 pack are Asian Paints, UltraTech Cement, Power Grid Corporation, Titan Company, Eicher Motors, and Grasim Industries. Meanwhile, the Top Losers pulling down the index are Hindalco Industries, Bajaj Finance, Kotak Mahindra Bank, Wipro, and HDFC.
BSE Smallcap index is trading at 25,853.79, down by 0.71 per cent. The top gainers in the pack were Navkar Corporation, Tata Teleservices, Satia Industries, Oriental Aromatics, and Unichem Laboratories. Each of these stocks has gained more than 8 per cent. Similarly, the top losers include Brightcom Group, GTL Infrastructure, Sterling Tools, Datamatics Global Services, and Indiabulls Housing Finance.
On the sectoral front, all the sectors were trading in the red wherein BSE IT tanked 1.91 per cent, BSE Finance tumbled 1.70 per cent, and BSE Metal slipped 1.94 per cent.
Following is the list of low-priced stocks that were locked in the upper circuit on Friday. Keep a close eye on these counters for the upcoming sessions:
Sr. no.
|
Stock
|
LTP
|
Price gain (per cent)
|
1
|
Hindustan Motors
|
23.2
|
4.98
|
2
|
Future Lifestyle Fashion
|
21.98
|
4.97
|
3
|
Shah Alloys
|
82.7
|
4.95
|
4
|
BPL
|
67.95
|
4.94
|
5
|
NITCO
|
24.45
|
4.94
|