Today's Top Performers: Stocks Hitting Upper Circuit on September 5, 2023

                    Top Top Performers: Stocks

Today's Top Performers: Stocks Hitting Upper Circuit on September 5, 2023
Stock Market 

 Market Optimism:

Today, the domestic benchmark indices are showing signs of strength and positivity. The BSE Mid-cap index is up by an encouraging 0.89%, while the BSE Small-cap index has also surged, recording an impressive gain of 0.84%.

 Bullish Tuesday:

 In the trading session on Tuesday, the market was painted green, indicating an upbeat atmosphere. The Sensex witnessed a noteworthy increase of approximately 115 points, equivalent to 0.17%, reaching a commendable level of 65,750. Likewise, the Nifty-50 was in the green, rising by around 45 points or 0.23% to reach an impressive 19,574. On the BSE, the majority of stocks, with 2,243 in total, were advancing, while only 1,138 were in decline, and 173 maintained their positions.

Top Performers:  

Among the standout performers on the BSE Sensex Index, we have Titan Company Ltd, Larsen & Toubro Ltd, and Kotak Mahindra Bank Ltd, all showing remarkable gains. These companies are leading the way in the positive market sentiment.

 

Sectorial Success: 

The sectorial indices also tell a tale of optimism. The BSE Realty Index is the leader among the gainers, soaring by an impressive 1.40%. This remarkable surge is primarily attributed to the stellar performance of Macrotech Developers Ltd and Shobha Ltd. While the BSE Metals Index experienced a slight decline of 0.36%, it's worth noting that this sector's performance was mainly influenced by Steel Authority of India Ltd and Tata Steel Ltd.

 
Broad Market Uplift:

Moving beyond the primary indices, the broader market is enjoying an upward trajectory. The BSE Mid-cap index is showcasing a robust growth rate of 0.89%, reflecting the resilience of mid-sized companies. Similarly, the BSE Small-cap index has risen by a significant 0.84%. Within this segment, notable gainers include Zee Entertainment Enterprises Ltd, IDBI Bank, GMR Power and Urban Infra Ltd, and MMTC Ltd.

 

Pre-Opening Positivity:

Even in the pre-opening session, the market was brimming with optimism. Three stocks that garnered considerable attention during this period were Nazara Technologies Ltd, MMTC Ltd, and Indian Railway Finance Corporation Ltd.

 

Low-Price 

Stocks to Watch: On September 05, it's worth keeping an eye on several low-priced stocks that have been locked in the upper circuit. This indicates potential for further positive movements in these stocks.

 

The overall picture is one of positivity and optimism in the market, with various sectors and indices displaying encouraging performances.


Low-Price Stocks with Upper Circuit on September 05

Sr. No Company Name LTP (Rs) % Change in Price
1 Gilada Finance and Investments Ltd 15.66 20%
2 Shree Rama Newsprint Ltd 15.73 19.98%
3 Century Extrusions Limited 16.23 19.96%
4 Kamanwala Housing Construction Ltd 15.04 19.94%
5 One Global Service Provider Ltd 63.32 9.99%
6 Graviss Hospitality Ltd 51.97 9.99%
7 GMR Power and Urban Infra Ltd 37.66 9.99%
8 Tine Agro Ltd 28.09 9.98%
9 SIEL Financial Services 19.07 9.98%
10 MPDL Ltd 23.61 9.97%
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.

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