Low Price Shares locked in Upper Circuit on 11-october-2022

On Tuesday, in the noon session, the benchmark indices were trading lower with Nifty around level of 17200.      

Towards the noon session, Sensex was down 137.95 points or 0.24% at the 57,853.16 level while Nifty was down 45.70 points or 0.27% at 17,195.30. About 1510 shares have advanced, 1552 shares declined, and 133 shares are unchanged. The stocks of Asian Paints, Axis Bank, Bajaj Finserv, Wipro and Ultratech Cement were the top Sensex gainers whereas Dr Reddy’s Laboratories, IndusInd Bank, TCS, Tech Mahindra and NTPC were the top Sensex losers. 

List of Low Price Shares Today: 11-october-2022

Following is the list of low price stocks locked in the upper circuit on October 11. Keep a close eye on these counters for the upcoming sessions.

On the sectoral front, all sectors traded lower with the BSE IT, BSE Realty and BSE Metal Stocks falling the most, beyond 1%. Brigade Enterprises, Oberoi Realty and Sobha were the top three realty stocks dragging the index down within the BSE Realty Index while Vedanta, JSW Steel and Jindal Steel were the top stocks pushing down the BSE Metal Index. Meanwhile, at noon, the broader markets also traded lower as Nifty MidCap 100 and Nifty SmallCap 100 slipped up to 0.4%.

Among individual stocks, the shares of India Cements tumbled 6% after the company sold its Madhya Pradesh limestone mine, and land for Rs 477 crore to Sajjan Jindal-owned JSW Cement. The shares of TCS were also in focus as the company reported its Q2FY23 results. The IT major reported a net profit of Rs 10,431 crore, up 8.4% on a YoY basis and 10% on a QoQ basis.