On Monday, the benchmark indices were trading flat despite the turbulence. A total of 1,741 shares are up, 1,772 are down, and 190 are unchanged.
The BSE Sensex was down about 82 points or 0.14 percent at a level of 60,177.17 at 1:45 p.m., and the NSE Nifty-50 was also down about 35 points or 0.20 percent at 17,921.55 at the same time.
The indices traded in a mixed manner in the wider markets, with the BSE Midcap index falling by 0.23% and the BSE Small cap index rising by 0.7%, respectively.
It is too soon to revisit the inflation target of 4% with a 2% deviation on either side, according to Reserve Bank of India (RBI) Governor Shaktikanta Das, who made this statement on January 13. I don’t believe any changes are necessary. The target does not, in my opinion, require revisitation. Das added, “Shifting the goalposts at this time would be premature. The 4 percent goal has a specific significance. Global inflation target numbers might moderate, but it would be premature to change the target.
The list of cheap stocks that were locked in the upper circuit on 16 January 2023 is as follows.
|
Sr. No |
Company Name |
LTP (Rs) |
% Change in Price |
|
1 |
Benara Bearings and Pistons Ltd |
14.15 |
10 |
|
2 |
KMS Medisurgi Ltd |
69.65 |
10 |
|
3 |
SEPC Ltd |
12.84 |
10 |
|
4 |
Active Clothing Co Ltd |
49.85 |
10 |
|
5 |
Kuberan Global Edu Solutions Ltd |
19 |
10 |
|
6 |
Indiabulls Enterprises Ltd |
22.45 |
10 |
|
7 |
Hemang Resources Ltd |
83 |
5 |
|
8 |
Advance Lifestyles Ltd |
76.7 |
5 |
|
9 |
Caprolactam Chemicals Ltd |
75.6 |
5 |
