Only buyers in these stocks when broader markets underperform
The markets are trading volatile on Monday even as the braoder markets underperform the frontline indices. The smallcaps are seen slipping deep into the red while the BSE Sensex is seen trading slightly in to the red helped by the likes of HCL Tech, Bajaj Finserv, Bajaj Finance, TCS and Tech Mahindra.
BSE SmallCap Index is seen trading with losses of more than 2 per cent on Monday. Arvind Fashions is the top smallcap index gainer , up by nearly 7 per cent, Aster DM, trading at fresh 52-week high is up by more than 4 per cent while Bajaj Electricals and Karda are seen trading in green, up by more than 4 per cent each on an intraday basis. Confidence Petro is up by ~4 per cent.
IT stocks are outperforming even as all of the sectoral indices are seen slipping into the red on Monday. Metal stocks are witnessing heavy selling.
Following stocks are locked in upper circuit when the markets are trading weak:
Sr No |
Stock |
1 |
Meghmani Finechem |
2 |
Meghmani Organics |
3 |
Proseed India |
4 |
JITF Infralogistics |
5 |
Prime Focus |
6 |
Adani Gas |
7 |
Rajdarshan Industries |
8 |
Surani STeel Tubes |
9 |
Xpro India |
10 |
Nakoda Group of Industries |
11 |
Wonder Fibromats |