Stocks below Rs 100: Only buyers seen in these scrips on April 28

Sayali Kotwal
Stocks below Rs 100: Only buyers seen in these scrips on April 28

On Thursday around noon, the core equity indices i.e., Sensex and Nifty 50 were trading higher by a per cent each amidst mixed cues in the global markets. US Stock futures climbed in the overnight trade as the market recovered from its April sell-off and investors reacted favourably to Meta Platforms' profits.

On Thursday around noon, the core equity indices i.e., Sensex and Nifty 50 were trading higher by a per cent each amidst mixed cues in the global markets.  

US Stock futures climbed in the overnight trade as the market recovered from its April sell-off and investors reacted favourably to Meta Platforms' profits.  

Dow Jones Industrial Average futures rose 70 points or 0.2 per cent. Futures on S&P 500 increased by 0.7 per cent while Nasdaq 100 futures increased by 1.2 per cent.  

Following a beat on profits but a shortfall on revenue, Meta's stock soared more than 18 per cent later in the day, indicating that investors may be seeing signs of reprieve in the battered-tech industry. Prior to the announcement, the stock was down by 48 per cent year-to-date.    

On Wednesday, the European markets had traded in a mixed bag with concerns over Ukraine and energy supplies to the area lingering in the wake of Russia's move to cut off gas supplies to Poland & Bulgaria.    

The crude oil price has fallen and is trading at $101.7 per barrel, whereas the 10-year US treasury yield rose and was trading at 2.821 per cent.  

Sensex was at 57,38.50, up by 570.11 points or 1 per cent while Nifty was at 17,199.85, up by 1161.45 points or 0.98 per cent from the last trading session.            

On BSE, 1,579 shares have advanced, 1,712 shares declined whereas 117 shares are unchanged.          

The only gainers in Nifty 50 pack are Hindustan Unilever, Asian Paints, UPL, Larsen & Toubro, and Reliance Industries. Meanwhile, the top five stocks pulling down the index are Bajaj Finance, Bajaj Finserv, Hindalco Industries, Bajaj Auto, and Mahindra & Mahindra.  

BSE Smallcap index is trading at 28,727.58, down by 0.05 per cent. The Top Gainers in the pack were Manaksia Steels, JM Financial Services, Chennai Petroleum Corporation, Kudremukh Iron Ore Company, and TTK Prestige. Each of these stocks gained more than 8 per cent. Similarly, the Top Losers include KBC Global, TV18 Broadcast, Zee Learn, Network 18 Media & Investments, and Future Lifestyle Fashions.  

All the sectors on BSE were trading in the green with the media sector being up by more than 3 per cent along with realty, metal, and telecom sectors being bearish.     

Following is the list of low-priced stocks that were locked in the upper circuit on Thursday. Keep a close eye on these counters for the upcoming sessions:                 

Sr. no.  

Stock name  

LTP  

Price change (per cent)  

1  

Galactico Corporate Services  

84.3  

9.98  

2  

Trejhara Solutions Ltd  

72.6  

4.99  

3  

Megasoft Ltd  

49.5  

4.98  

4  

Manugraph India Ltd  

17.54  

4.97  

5  

Shyam Century Ferrous Ltd  

28.55  

4.96  

6  

Simbhaoli Sugars Ltd  

41.3  

4.96  

7  

Kohinoor Foods Ltd  

15.27  

4.95  

8  

GMR Power and Urban Infra Ltd  

33  

4.93  

9  

Khandwala Securities Ltd  

30  

4.9  

10  

MEP Infrastructure Developers Ltd  

28.1  

4.85  

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