Low Priced Stocks: These trending small caps made a fresh 52-week high on Thursday, October 7.
5paisa Research Team
28th October 2021 - 06:35 pm
Several small-cap stocks were seen making fresh 52-weeks high after gaining up to 20% on Thursday, October 7.
As the markets scale new highs, the participation from across the sectors is helping improve the market sentiment.
The broader markets were seen outperforming the frontline indices on Thursday with the BSE Midcap index gaining 1.68% when BSE Sensex was up by 0.82%.
Sona BLW Precision Forgings was the top BSE Midcap index gainer, up by more than 12% on Thursday while the likes of Page Industries and Oberoi Realty gained 10%.
The advance-decline ratio remained in favour of the advances on a day when the volumes traded was above average.
Titan's mammoth gains pushed the BSE Consumer Durables index higher by 6%. BSE Realty index was the top sectoral gainer on Thursday, gaining by more than 6% and helped by Sobha Developers which was up by 17%.
The surprise performance came from the auto pack with Tata Motors leading the way after skyrocketing by more than 12%. BSE Auto index jumped higher by 4.40% on Thursday. M&M and Motherson Sumi gained by more than 5% while Ashok Leyland jumped higher by 4.5%.
BSE SmallCap index was up by 1.38% on Thursday. A day dominated by bulls saw as many as 346 stocks make fresh 52-weeks high, while 429 stocks were seen locked in the upper circuit.
Several small-cap stocks were seen making fresh 52-weeks high after gaining up to 20% in Thursday's trading session.
These trending Low priced SmallCap Stocks made fresh 52-weeks high on Thursday, October 7:
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Tanushree Jaiswal
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