Stocks in the upper circuit today: Indian stock market has seen a huge decline today on Thursday. Bombay Stock Exchange’s index Sensex was seen trading at 82,498 with a decline of 2.10 percent or 1767 points. The biggest decline in the Sensex pack was seen in Asian Paints, Larsen & Toubro, Maruti, Bajaj Finance, Bajaj Finserv, Reliance, Axis Bank and Tata Motors. On the other hand, the National Stock Exchange’s index Nifty was seen trading at 25,268 with a decline of 2.05 percent or 528 points.
Why did the market fall?
There are many reasons behind this decline in the stock market today. These include increasing tension between Iran and Israel, a rise in crude oil prices, SEBI bringing new rules for futures and options, selling by foreign investors, and foreign investors’ inclination towards the Chinese market. Chris Wood of Jefferies has reduced his weightage in India by 1% and increased his weightage in China by 2%. After the announcement of economic stimulus measures by the Chinese government last week, analysts have predicted a continued rise in Chinese stocks, which may lead to an outflow of funds from India.
These stocks are in the upper circuit even amidst the market fall
Reliance Power
Reliance Power’s stock is in an upper circuit of 5%. The share price has increased to Rs 53.65.
The Grob Tea
The Grob Tea Limited stock has hit an upper circuit of 20 percent today. The share price has risen to Rs 1273.60.
Asian Hotels
Asian Hotel (North) Limited’s stock has hit an upper circuit of 5%. The share price has reached Rs 217.04.
Ravindra Energy
Ravindra Energy’s stock has hit an upper circuit of 5%. The share price has increased to Rs 138.70.
Surana Solar
Surana Solar’s stock has hit an upper circuit of 5%. The price of this stock has reached Rs 65.39.
Sejal Glass
There is an upper circuit of 5% in the shares of Sejal Glass. The share price has reached Rs 435.35.
Eurotex
Eurotex shares have hit an upper circuit of 5%. This has brought the share price down to Rs 17.98.
Taylormade Rene
This stock has hit an upper circuit of 10 percent. Due to this, the share price has increased to Rs 447.55.
Sadbhav Engg
This stock has hit an upper circuit of 5%. Due to this, the share price has reached Rs 36.6.
Alacrity Sec
This stock has hit an upper circuit of 5%. Due to this, the share price has increased to Rs 143.35.