15 stocks in BSE ‘A’ group below Rs 100 which gained up to 11% today

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Updated: April 2, 2018 4:38:15 PM

Indian equity markets surged phenomenally on the first trading day of FY19 with the stocks of mid-cap companies, automakers, pharmaceutical companies rising the most. We take a look at 15 stocks in BSE 'A' group below Rs 100 which gained up to 11% today.

The stock of Indo Count Industries rose 10.78% to end at Rs 94 on BSE today. (Image: Reuters)

Indian equity markets surged phenomenally on the first trading day of FY19 with the stocks of mid-cap companies, automakers, pharmaceutical companies rising the most. BSE Sensex clocked a 287-point gain despite a heavy slump in the shares of ICICI Bank. The heavyweight blue-chip shares of HDFC Bank, Reliance Industries, Kotak Mahindra Bank, L&T, Tata Consultancy Services, ITC and Tata Motors helped the key equity indices to limit the losses due to ICICI Bank shares plunge steering Sensex and Nifty to end in green. A decline in the volatility levels was seen in the domestic markets today, as India Vix, the volatility indicator on NSE, dropped 3.12% to end at 15.2650.

Amid the market-wide rise in the stocks ranging from small-caps to large-caps, we take a look at 15 stocks in BSE ‘A’ group below Rs 100 which gained up to 11% today.

Shares of Indo Count Industries were the biggest gainers in the BSE ‘A’ group shares which are below Rs 100. The stock of Indo Count Industries rose 10.78% to end at Rs 94 on BSE today. Other shares below Rs 100 which also gained phenomenally include Trident (up 8.08%), Marksans Pharma (up 6.79%), Hathaway Cable and Datacom (up 4.66%), Gati (up 4.65%), TV18 Broadcast (up 4.55%), HCL-Infosystems (up 4.41%), PTC India (up 4.36%), Himachal Futuristics Communications (up 4.25%), SREI Infrastructure Finance (up 4.14%), Steel Authority of India (up 4.13%), Balrampur Chini Mills (up 4.11%), Praj Industries (up 4.1%), IFCI (up 4.05%) and Network18 Media & Investments (up 4.53%).

Also Read | Sensex surges 287 points as HDFC Bank, RIL, Kotak Mahindra Bank cover ICICI Bank’s loss

Meanwhile today, shares of ICICI Bank posted heavy losses on Monday and were the top losers among Sensex and Nifty after the CBI started a preliminary enquiry with regard to the loan case involving Videocon Group witnessing the first stock market reaction on Reserve Bank of India slapping a fine of Rs 59 crore. The stock of ICICI Bank plunged as much as 7.02% to a five-month low of Rs 258.8 before settling down 5.73% at Rs 262.4 on National Stock Exchange on Monday.

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