Upper Circuit Stocks Today – 22 November, 2023

Following a two-day decline, equity indices rebounded on November 21, 2023, recovering a substantial portion of the losses incurred in the preceding two sessions. The upswing was driven by widespread buying across various sectors, with the exception of capital goods and oil and gas stocks.

According to the finance ministry’s monthly economic report for October, released on November 21, 2023, inflationary risks persist, prompting heightened vigilance from both the centre and the Reserve Bank of India (RBI).

Provisional data from the National Stock Exchange revealed that foreign institutional investors (FII) divested shares amounting to Rs 455.59 crore, while domestic institutional investors (DII) made purchases totalling Rs 721.52 crore in stocks on November 21, 2023.

Top gainers and losers on the BSE Sensex index are as follows: 

During Wednesday’s trading session, the Sensex and Nifty both experienced initial gains of 0.08% and 0.09%, respectively. Concurrently, Nifty Midcap showed a slight uptick of 0.1%, while Nifty Smallcap opened with a 0.25% decline.

Sector-wise, standout performers included Nifty Media, Nifty Pharma, and Nifty Energy, while Nifty Realty, Nifty Metal, and Nifty PSU Bank faced notable losses.

Among individual stocks, BPCL, Tata Consumer, and HDFC Life emerged as top gainers, whereas Hindalco, Kotak Bank, and Adani Enterprises found themselves among the leading losers within the BSE Sensex.

In the broader market context, approximately 1176 stocks advanced compared to 676 stocks declining, signaling an overarching positive sentiment in the broader market.

On November 22, 2023, the below-listed low-priced stocks were locked in the upper circuit. Keep a watch on them for further movements:

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.