These Low-Priced stocks are locked in the upper circuit on Monday

The frontline Equity indices Sensex and Nifty 50 are seen trading at the lowest levels in the last few months, with Nifty 50 giving up the 17,000 level mark, in the anticipation of the decisions to be made in the upcoming RBI monetary policy today.

At 2.00 pm on Monday, frontline equity indices Sensex and Nifty 50 were seen trading at 57,057 and 16,992 levels respectively. The indices have fallen by more than 1% each, after opening at higher levels in the morning.

The top 5 gainers of Nifty 50 were United Phosphorous Limited (UPL), HDFC Ltd, ICICI Bank, Hindalco Industries Ltd, and BPCL. Similarly, the top 5 losers were Coal India, HCL Technologies, Bajaj Finserv Ltd, IndusInd Bank, and TCS Ltd.

The BSE Midcap index is trading at 25,075. The top 3 gainers of the index include United Phosphorous Limited (UPL), HDFC LTD, and ICICI Bank. Similarly, the top 3 stocks dragging the index include Balkrishna industries Ltd Info Edge India Ltd, and Emami Ltd.

The BSE Smallcap index is trading at the level of 28,347. The top 3 gainers are Mahanagar Telephone Nigam Ltd (MTNL), IFCI Ltd, and Vimta Laboratories Ltd. Each of these scrips is up by almost 15%. The top 3 stocks dragging the index were L&T Technology Services, COFORGE Ltd, and Dalmia Bharat, mostly down more than 6%.

Looking at the sectoral indices on BSE, except for BSE Telecom and BSE Power indices, all the other indices are underperforming drastically. The reason being the anticipation over the monetary policy that will be announced by the Reserve Bank of India and the Monetary Policy Committee (MPC), today. The rising cases of the Omicron variant in the country have also contributed to overall bearish sentiments in the market.

Following is the list of low-priced stocks that made a fresh 52-week high on Monday. Keep a close eye on these counters for the upcoming sessions.