Shares below Rs 100: Only buyers were seen in these stocks on October 31!

Mandar Wagh
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Shares below Rs 100: Only buyers were seen in these stocks on October 31!

Sanmit Infra, Mitshi India, and Biofil Chemicals & Pharmaceuticals were the BSE's top low-priced gainers, catching the investors' attention by locking at 20 per cent upper circuits.

On Friday, Wall Street indices experienced a robust rally, driven by information technology stocks. Following the strength in global IT stocks, the BSE IT and BSE Teck sectors attempted to boost the domestic markets and witnessed significant gains. BSE Auto was the top-performing sector, driven by Mahindra & Mahindra.  

At 12:50 pm, the BSE Sensex surged 1.08 per cent, reaching a level of 60,609. The Nifty 50 index gained 1.02 per cent to the 17,968 level. On the Sensex, Sun Pharmaceuticals, UltraTech Cement Company and Mahindra & Mahindra were the Top Gainers, whereas NTPC Ltd, Dr Reddy’s Laboratories and Tata Steel were the Top Losers.  

Broader markets gained in line with headline indices. RACL Geartech, an auto-component company, gained more than 15 per cent, making it the top BSE Smallcap gainer. Additionally, NGL Finechem and Indo Count Industries were both heavily bought. Sanmit Infra, Mitshi India, and Biofil Chemicals & Pharmaceuticals were the BSE's top low-priced gainers, catching the investors' attention by locking at 20 per cent upper circuits.  

As a result of declining crude oil prices and a bullish trend in domestic markets, the rupee appreciated against the dollar in early transactions. India's foreign exchange reserves dropped during the week ending October 21, as the Reserve Bank of India (RBI) continued to defend the rupee from further falls.  

Following is the list of low-priced stocks that were locked in the upper circuit on October 31:  

Stock Name LTP Change (%)
Sanmit Infra Ltd 75.1 19.97
Biofil Chemicals & Pharma 56.5 19.96
Mitshi India Ltd 12.14 19.96
Containe Technologies 47.3 10
SKP Securities 71.05 9.98
Kiduja India Ltd 82.7 9.97
Onelife Capital Advisors  16.03 9.95
Gretex Corporate Services 79.65 9.94
Saboo Sodium Chloro 19.6 9.8
K&R Rail Engineering  72.45 5
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