NSE revises daily circuit limit for 131 stocks, new circuit limit applicable from December 07!
Total nine stocks have seen their circuit limit being revised downwards, out of which six stocks have seen their circuit limit being revised downward from 10 per cent to 5 per cent
On Tuesday, the Nifty opened 100 points lower at 18,601, however, after opening lower, Nifty traded mostly in a capped range but buying interest was seen in the last leg of trade and Nifty recovered nearly 80 points from the day’s low. Despite recovering from the lower levels, the Nifty ended down by 58 points at 18,642 as information technology, metal, pharma and auto stocks pulled the market down.
On the daily chart, the Nifty formed a bullish candle as the closing was higher than the opening level. Market participants at home await the outcome of RBI policy tomorrow, which is expected to slow the place of rate hikes, in light of easing food prices. Apart from this, nearly 131 stocks would see their circuit being revised. So, Wednesday might turn out to be an interesting day for the market participants.
Interestingly, the step has been taken for a total list of 131 stocks, of which, the circuit limit of 122 stocks have been revised higher, while the 9 stocks circuit limit has been revised downward.
However, 65 stocks have seen their circuit limit being revised from existing 10 per cent to 20 per cent including Bank of India, Rajratan Global Wire, Mangalore Chemicals & Fertilizers, Delhivery, The Byke Hospitality, Kohinoor Foods, Best Agrolife, Burnpur Cement, Sakthi Sugars, UCO Bank and NELCO. Meanwhile, three stocks have seen their circuit limit being revised from 5 per cent to 20 per cent. This includes B.L. Kashyap Sons, Xpro India and Sterling Tools.
Also, 54 stocks have seen their circuit limit being revised from existing 5 per cent to 10 per cent including Prasvnath Developers, Rama Steel Tubes, Aspinwall and Company, Shah Alloys and Shivam Autotech.
Total nine stocks have seen their circuit limit being revised downwards, out of which six stocks have seen their circuit limit being revised downward from 10 per cent to 5 per cent which includes Sadbhav Infrastructure, Rachana Infrastructure, Arvee Laborites, Timescan Logistics (India), Tapi Fruit Processing and Shubhlaxmi Jewel Art.
Related articles
-
Breakout stocks below Rs 100: Don't miss out on the action in these stocks for the next week!
-
125 per cent increase in net profit: Ashish Kacholia’s portfolio stock zooms on reporting strong quarterly results!
-
Watch out for these penny stocks locked in the upper circuit on March 23
-
Sugar sector multibaggers have skyrocketed up to 252 per cent so far this year; do you own any of these stocks?
-
Two Small-cap breakout stocks to keep on radar!
-
Stock under Rs 200: This Smallcap multibagger is likely to announce bonus; watch out!
-
Overnight Digest: Stocks likely to be in focus on September 29
-
After Ashish Kacholia picks a stake, this agrochemical company gained almost 17 per cent; do you own it?
-
Subex zooms nearly 67 per cent; read to know top 10 performing stocks of the week!
-
Overnight Digest: Stocks likely to be in focus on June 20
-
Stocks below Rs 100: Only buyers seen in these scrips on June 8
-
Nifty ends on a disappointing note, slips over 200 points from days high; closes below 16,600
-
Overnight Digest: Stocks to be kept an eye on June 3
-
Nifty closes near 16,000; IT, realty, media and metals drag
-
Overnight Digest: Stocks likely to be in focus on May 25
-
Nifty closes below 15,800 amid strong sell-off; Hindalco, JSW Steel and SBI become top losers
-
Nifty closes just above 15,800; PSU banks, metals, and financials drag the market
-
Splendid recovery towards the end saw Nifty close near 16,200; ONGC, Axis Bank and IndusInd Bank emerge as top gainers
-
Rajratan Global Wire outperforms benchmark indices; rallies up to 5 per cent on healthy Q4FY22 results
-
T20 breakout stocks: Best swing trading stocks to keep an eye on!