Stocks below Rs 100: Only buyers seen in these scrips on May 23

The US equity index S&P 500 briefly fell into bear market territory during Friday’s session but recovered slightly to close almost flat.

At 11.30 am on Monday, the core equity indices i.e., Sensex and Nifty 50 were trading marginally higher amidst mixed global cues. The Asia Pacific markets showed mixed signs on Monday as global uncertainties continue to worry the investors. 

The US equity index S&P 500 briefly fell into bear market territory during Friday’s session but recovered slightly to close almost flat. 

The S&P 500 is presently 19 per cent below its all-time high, while the Dow Jones is down 15.4 per cent. The Nasdaq has already entered the bear market territory, having lost 30 per cent of its value since its high. 

For the first time since March 2001, the Nasdaq saw its sixth consecutive week of losses. On Friday, the tech-heavy index hit its lowest intraday level since November 2020. 

The crude oil price was down by 0.58 per cent and was trading at USD 110.56 per barrel and the 10-year US treasury bond yield was trading at 2.81 per cent. 

Sensex was at 54,759.93 up by 433.54 points or 0.80 per cent while Nifty was at 16,363.05 up by 92.55 points or 0.57 per cent from the last trading session.          

On BSE, 1769 shares have advanced, 1410 shares declined whereas 172 shares are unchanged.            

The Top Gainers in Nifty 50 pack are Maruti Suzuki, Mahindra & Mahindra, Titan Company, Hero Motocorp, and Asian Paints. Meanwhile, the Top Losers pulling down the index are Tata Steel, JSW Steel, Hindalco Industries, ONGC, and ITC.

BSE Smallcap index is trading at 26,498.16 up by 0.56 per cent. The top gainers in the pack were Nilkamal, S P Apparels, Mahindra Logistics, Apcotex Industries, and VRL Logistics. Each of these stocks have gained more than 9 per cent. Similarly, the top losers include Techno Electric Engineering Company, Godawari Power ISPAT, Sarda Energy Minerals, Sandur Manganese & Iron Ore, and Jindal Stainless. 

BSE Realty, BSE Auto and BSE Consumer Durables goods were the leaders in the sectoral indices, whereas BSE Metal index fell and was trading lower by more than 6 per cent, followed by BSE Basic Materials and BSE Energy indices. 

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