- 07 Aug 2024
18 mins read- By: BlinkX Research Team
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An upper circuit stock is a stock that has reached its maximum price increase for the day, as set by the stock exchange. The upper circuit stocks are attracting the attention of investors globally because of their potential for substantial profits and dynamic trading. It is important to have a deep understanding of these upper-circuit stocks. This article will provide all the necessary information regarding the upper circuit stocks, their nature, functionality, buying procedures, and approaches to increase your returns.
What are Upper Circuit Stocks?
An upper circuit in the stock market is the maximum level a stock can move in a day, indicating that only buyers are present. The upper circuit limit can be set to 20%, 10%, or 5% on the previous day's closing price, depending on the stock exchange's criteria. If a stock breaches its upper circuit, the limit may be lowered sequentially to 10% or 5% to limit excessive trading activity. Lower circuit limits are defined similarly. Once a stock hits its upper circuit, it cannot move higher on that day but can go lower if there is a fresh supply of shares. Stock market apps can track these movements and stay informed. Stock indices like Nifty and Sensex also have 10%, 15%, and 20% circuit limits. If the index hits the lower or upper circuit, trading will be halted for some time.
Table of Contents
- What are Upper Circuit Stocks?
- List of Top Upper Circuit Stocks
- Best Upper Circuit Stocks in India 2024
- How is the Upper Circuit Limit Determined?
- Factors that can Trigger Upper Circuit in the Market
- Factors to Consider while Investing in Upper Circuit Stocks
- Benefits of Investing in Upper Circuit Stocks
List of Top Upper Circuit Stocks
Here is the list of top upper circuit stock today on NSE:
| Company Name | LTP | Change |
| Hindustan Motors Ltd | 21.95 | 19.95% |
| Dhani Services Ltd | 48.60 | 16.83% |
| Akash Infra Projects Ltd | 40.05 | 10.94% |
| Excel Realty N Infra Ltd | 0.55 | 10.00% |
| Indo Tech Transformers Ltd | 1,432.20 | 10.00% |
| Rajdarshan Industries Ltd | 50.05 | 10.00% |
| Thomas Cook (India) Ltd | 192.05 | 9.99% |
| Manaksia Coated Metals & Industries Ltd | 37 | 9.93% |
| Marksans Pharma Ltd | 176 | 13.44% |
| Selan Exploration Technology Ltd | 631 | 5.84% |
Disclaimer: The information provided on the above stocks is for informational purposes only. It is crucial to conduct thorough research before making any investment decisions regarding these stocks. We do not recommend trading any stocks without comprehensive research and professional financial advice. Always consult with a certified financial advisor to ensure informed and appropriate investment choices.
Best Upper Circuit Stocks in India 2024
While past performance isn't a guarantee of future results, here are some NSE stocks that have surged recently, potentially offering interesting investment options.
How is the Upper Circuit Limit Determined?
The upper circuit stocks on the NSE are catching the eye of investors today, suggesting that their prices could go up significantly and offering opportunities for trading. The upper circuit limit, which acts as a safety measure for stock prices, isn't fixed forever. Exchanges like the NSE figure it out by considering a few important things.
Factors that can Trigger Upper Circuit in the Market
Daily monitoring of NSE upper circuit stocks is essential for traders specialising in volatility strategies. Continuous upper circuit stocks refer to securities that have consistently hit the maximum allowable price increase set by the exchange. Investors looking for stocks with significant momentum can research companies that hit the continuous upper circuit limit. The following factors can trigger an upper circuit in the market.
