Pre-Budget buzz: IIFL Finance & Majesco lock in at upper circuit

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Pre-Budget buzz: IIFL Finance & Majesco lock in at upper circuit

High volatility in stocks is expected on Monday as Union Budget announcements will bring euphoria to some while disappointment to others. Investors have already been focussing on stocks by remaining optimistic about Budget announcements in some sectors.  

High volatility in stocks is expected on Monday as Union Budget announcements will bring euphoria to some while disappointment to others. Investors have already been focussing on stocks by remaining optimistic about Budget announcements in some sectors.  

At 9.57 am, Sensex was up by 0.70 per cent or 325.25 points at 46,611.02 levels. Grabbing investors’ attention, some stocks have already locked in at their respective upper circuits. Around 152 stocks have locked in at their respective upper circuits with 2 stock belonging to the A category, 12 belong to the B category, and the rest in other categories.  

Stocks that are witnessing a strong upward moment currently belong to sectors such as agriculture, media & entertainment, banking, financial, etc.  

Below is a list of stock locked in at their respective upper circuits:  

Company Name

Circuit Limit (per cent)

LTP (Rs)

IIFL Finance

19.98

176.25

Agri-Tech (India)

5.00

36.75

PG Electroplast

4.99

183.05

Olectra Greentech

4.98

144.40

Majesco

4.98

42.20

Jeevan Scientific Technology

4.98

50.55

Uniply Industries

4.83

4.99

Anubhav Infrastructure

4.74

3.76

B.A.G.Films & Media

4.72

2.66