Domestic indices declined from day's high after taking cues from its global peers. Nifty open higher, gained some momentum before witnessing a sell-off.
"Market is gradually gaining momentum as support based buying is seen. While the global cues turned a bit cautious with increasing geo-political developments in Europe and the resultant spike in crude oil prices. Nifty needs to sustain above the 16,400 levels which is now a crucial support for the market. Today we witnessed lot of action in the broader market with Small cap index outperforming. There was special interest seen in platform based companies as well as new age digital stocks which had fallen sharply from their respective highs. FIIs turned positive on Monday which added to the overall positive sentiments. Auto stocks are in focus on back of expectation of strong monthly sales numbers as well as news that China is likely to half purchase tax on some of the passenger vehicles," Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
Here are a list of stocks that dropped to the lower end of the circuit filter in trade today.
Adani Power
Shares in Adani Power dropped 5% and were seeing only sellers in the counter. The stock was down to Rs 307.10.
California Software
Shares in California Software were down 5%, with no buyers in the counter. The stock was trading at Rs 23.75.
Jet Airways
The shares of Jet Airways hit the lower end of the circuit filter of 5%. There were only sellers in the counter at Rs 108.
Madhya Bharat Agro
This stock dived to Rs 611.85, with only sellers. The stock lost 5% and was locked at the lower end of the circuit filter.
Medico Remedies
Shares in Medico Remedies too fell and lost 5%. The stock had only sellers in the counter at Rs 114.15.
Vaxtex Cotfab
Shares in Vaxtex Cotfab dropped to the lower end of the circuit filter with losses of 5%. There were only sellers in the counter at Rs 25.65.
Nagarjuna Fertilizers
The stock dropped 5% and was last seen trading at Rs 11.30.
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