Low Price Shares locked in Upper Circuit on July 1
Domestic indices trade lower dragged by Energy and Oil and Gas names.
Most Asian stocks slumped again on Friday tracking weak global sentiments. All the major indices were trading downwards with Taiwan’s TSEC 50 Index being the top loser as it lost over 3%.
SGX Nifty indicated a positive opening with a gain of 68 points. In contrast, Indian domestic indices opened with deep cuts as each crashed over 1.5% in the early trades. At 12:20 pm, the Nifty 50 was trading at the 15,644.25 level, declining by 0.86%. On the Nifty 50 index, the top gainers were Bajaj Finserv, Asian Paints and ITC Ltd whereas Oil and Natural Gas Corporation, Reliance Industries Ltd and Bajaj Auto were the top losers of the session.
Sensex was trading at a level of 52,603.52, fell by 0.78%. The stocks trading in the green were Bajaj Finserv, Asian Paints and ITC Ltd. Reliance Industries Ltd, Titan and Maruti Suzuki were the market draggers.
Reserve Bank of India (RBI), in its financial stability report, stated that banks’ asset quality has improved while the gross non-performing assets (GNPA) is at a 6-year low. According to official data released on Thursday, the output of eight core infrastructure sectors in India (coal, crude oil, natural gas, refinery products, fertilizer, steel, cement and electricity) expanded by 18.1% in May.
Following is the list of low price stocks locked in the upper circuit on July 01. Keep a close eye on these counters for the upcoming sessions.
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