Stocks below Rs 100: Only buyers seen in these scrips on June 7

At noon on Tuesday, the core equity indices, i.e. Sensex and Nifty 50 were trading on the lower side as the markets globally fear that the onset of a recession is very near. Reserve Bank of Australia hiked its interest rates by 50 basis points (half a percentage) in a surprise move, which was a bolder move than was expected by the economists.  

At noon on Tuesday, the core equity indices, i.e. Sensex and Nifty 50 were trading on the lower side as the markets globally fear that the onset of a recession is very near.  

Reserve Bank of Australia hiked its interest rates by 50 basis points (half a percentage) in a surprise move, which was a bolder move than was expected by the economists.  

Owing to this, the Asia Pacific markets gave a mixed reaction with Shanghai Composite trading lower by 0.25 per cent and Hong Kong’s Hang Seng plunging by 0.78 per cent.  

The indices on Wall Street were seen trading higher during Monday’s session in the range of 0.25 per cent to 0.50 per cent.  

 Sensex was at 55,039.88, down by 635.44 points or 1.14 per cent while Nifty was at 16,392.20, down by 177.25 points or 1.08 per cent from the last trading session.            

 On BSE, 1,155 shares have advanced, 1,989 shares declined whereas 126 shares are unchanged.      

The Top Gainers in Nifty 50 pack are ONGC, Coal India, BPCL, Bajaj Auto, and Power Grid Corporation of India. Meanwhile, the Top Losers pulling down the index are TCS, L&T Infotech, HCL Technologies, Hindustan Unilever, and UltraTech Cement.  

BSE Smallcap index is trading at 26,041.59, down by 0.76 per cent. The top gainers in the pack were Mangalore Refinery & Petrochemicals (up by 18.62 per cent), Chennai Petroleum Corporation, Time Technoplast, JTEKT India, and SP Apparels. Each of these stocks has gained more than 5 per cent. Similarly, the top losers include Gallantt Metal, Everest Kanto Cylinder, Brightcom Group, Rattan India Enterprises, and Jagran Prakashan.  

 On the sectoral front, all the sectors were trading in the red wherein, BSE Consumer Durables slipped over 3 per cent, followed by BSE IT, BSE Realty, and BSE FMCG. On the flip side, BSE Oil & Gas, BSE Power, and BSE Energy were the only ones trading higher by a per cent each.  

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