Despite the rally, nearly 300 stocks hit their lower circuits against 250 stocks hitting the upper circuit on the BSE. Most of the stocks that hit the lower circuit are from the ‘B’ Group and lower category stocks.
These 25 stocks have rallied between 100-160 per cent since January 1, 2022, suggests data available with ACE Equity. Ten other names have rallied more than 90 per cent during the period under review. This is at a time when the recent selloff has shaved off gains for BSE Sensex and NSE Nifty, with both turning flat on a year-to-date (YTD) basis.