Shares below Rs 100: Only buyers were seen in these stocks on December 20!

DSIJ Intelligence-11 / 20 Dec 2022/ Categories: Mindshare, Trending

Shares below Rs 100: Only buyers were seen in these stocks on December 20!

In an otherwise sluggish market, shares of Jai Balaji Industries, the top BSE Smallcap gainer, rocketed and locked at a 20 per cent upper circuit. 

Wall Street indices tumbled overnight as a result of weak global cues. The Bank of Japan's decision to widen its yield target range had a negative impact on Asian markets today, with the Nikkei 225 index taking the biggest hit. 

In contrast to the first half of the session's intense selling on domestic markets, the second half witnessed a strong comeback driven by significant gains in energy, banking and technology sector stocks. However, the indices finished the session slightly down.  

At 3:30 pm, the BSE Sensex declined 0.17 per cent, reaching a level of 61,702. The Nifty 50 index fell 0.19 per cent to the 18,385 level. On the Sensex, Tata Consultancy Services, Reliance Industries and UltraTech Cement Company were the Top Gainers, whereas Tata Motors, Hindustan Unilever Ltd and Bharti Airtel were the Top Losers.  

In an otherwise sluggish market, shares of Jai Balaji Industries, the top BSE Smallcap gainer, rocketed and locked at a 20 per cent upper circuit. Additionally, Nelcast Ltd, Gravita India and Confidence Petroleum India were extensively purchased.  

Following is the list of low-priced stocks that were locked in the upper circuit on December 20:  

Stock Name LTP Change (%)
Jai Balaji Industries 58.55 19.98
Balkrishna Paper Mills 38.5 19.94
Malu Paper Mills  42.15 19.91
Parsvnath Developers 10.45 10
Madras Fertilizers 93.05 9.99
Rail Vikas Nigam 73.55 5
Imagicaaworld Entertainment 41.1 4.98
Mcleod Russel India  31.7 4.97
Flexituff Ventures  30.75 4.95
HMT Ltd 37.15 4.94