Shares below Rs 100: Only buyers were seen in these stocks on December 06!

Indian benchmark indices opened lower, reflecting the downturn in global indices and were pulled down by losses in metals and technology stocks. With gains of roughly 1 per cent, BSE Utilities was the best performing sector in a lackluster market, led by NHPC Ltd.  

At 3:30 pm, the BSE Sensex declined 0.33 per cent, reaching a level of 62,626. The Nifty 50 index dropped 0.31 per cent to the 18,642 level. On the Sensex, Hindustan Unilever Ltd, UltraTech Cement Company and Power Grid Corporation of India were the Top Gainers, whereas Tata Steel, Dr Reddy’s Laboratories and Infosys were the Top Losers.  

Shares of Punjab & Sind Bank, the top BSE Smallcap gainer, soared nearly 20 per cent to a new 52-week high. Shares of Puravankara Ltd and Navkar Corporation were also heavily purchased.  

Early trades observed the rupee weakening against the US dollar as domestic stocks were heavily sold off and crude oil prices rose. The Reserve Bank of India (RBI) is anticipated to start easing off on raising interest rates as prices start to decline.  

Following is the list of low-priced stocks that were locked in the upper circuit on December 06: