Shares below Rs 100: Only buyers were seen in these stocks on November 14!

Shares of Dredging Corporation of India, the top BSE Smallcap gainer, rocketed over 11 per cent and reached a new 52-week high.

In anticipation that the Federal Reserve will tone down its aggressive interest rate hikes to fight inflation, Wall Street indices continued their rally on Friday. The Indian benchmark indices started the week flat as investor mood in Asian markets was mixed. 

BSE Metals, the top-performing sector, tried to boost the markets with gains of nearly 5 per cent in Hindalco Industries, but losses in fast-moving consumer goods, power, and capital goods sectors caused the indices to decline. 

At 12:55 pm, the BSE Sensex fell 0.28 per cent, reaching a level of 61,621. The Nifty 50 index declined 0.13 per cent to the 18,326 level. On the Sensex, Tata Steel, Kotak Mahindra Bank and Tech Mahindra were the Top Gainers, whereas Dr Reddy’s Laboratories, ITC Ltd and Hindustan Unilever were the Top Losers. 

The BSE Smallcap index gained about 0.20 per cent, outperforming the main indices. In an otherwise lackluster market, shares of Dredging Corporation of India, the top BSE Smallcap gainer, rocketed over 11 per cent and reached a new 52-week high.

According to data issued by the Ministry of Statistics and Programme Implementation, the Index of Industrial Production (IIP) showed that India's industrial growth grew to 3.1 per cent in September. The Reserve Bank said that for the week ending November 12, India's foreign exchange reserves fell by $1.08 billion to $529.99 billion. 

Following is the list of low-priced stocks that were locked in the upper circuit on November 14: