Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 31 August, 2023

Amidst higher volatility, the Indian frontline indices were experiencing fluctuations, oscillating between modest gains and losses. Notable uptrends were observed in the information technology and consumer durables sectors, contributing to significant gains. Conversely, utilities, power, and oil & gas sectors faced substantial declines.

At 10:40 am, the BSE Sensex edged down by 0.07%, reaching a level of 65,038. The Nifty 50 index fell 0.13% to the 19,323 level. With 1,851 shares rising on the BSE and 1,410 shares declining, the advance-decline ratio remained in favour of advances. 

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

On the Sensex, Jio Financial Services, Maruti Suzuki and Tech Mahindra were the top gainers, whereas IndusInd Bank, Bajaj Finance and Asian Paints were the market draggers. Shares of Jio Financial Services garnered significant buying interest, leading it to hit the 5% upper circuit for the second consecutive session. The stock’s removal from the indices is rescheduled to occur prior to the opening of trading on September 1, 2023. 

Broader indices outperformed the main indices. Shares of Alok Industries Ltd, the leading low-priced gainer among the BSE Smallcap pack, witnessed a notable surge of over 9%, accompanied by a significant increase in trading volume. The top low-priced gainers on the BSE were Super Fine Knitters Ltd, SIEL Financial Services Ltd and Adarsh Plant Protect Ltd which attracted investors with their significant uptrend.

On August 31, 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.