The stocks that are setting the markets on fire

One out of every six non-A group stocks hit the upper circuit on the Bombay Stock Exchange on Monday.

As many as 421 stocks, accounting for 18 per cent of the total non-A group traded stocks on the BSE, hit the roof in intra-day trading, while 296 remained frozen at the upper end of the circuit filter at the day's close.

Of the 296 stocks, as many as 102 were from B2 group, while 66 were from T group (the trade-to-trade segment), 33 from S group, 57 from Z group, 8 from TS group and the remaining 30 from B1 group.

The stocks from T, TS and Z groups were on a roll with more than 30 per cent of them frozen at the upper limit of the circuit filter.

About 60 stocks of non-banking financial companies (NBFCs) hit the upper limit. As many as 48 scrips that hit the upper circuit are from the information technology sector followed by pharmaceuticals (19), housing and construction(18), engineering (15), trading (14), entertainment (12), hotels (11), cotton textile (10) and plastics (7).

Among the stocks that hit the roof, the market price of 35 scrips gained more than 10 per cent each, while the price rise of 147 stocks were in the range of 5 per cent to 10 per cent and the price of another 147 scrips increased between 2 per cent and 5 per cent.

MRF (Rs 4,497.10), Shree Cement (Rs 1,459.20), Shri Dinesh (Rs 1,352.90), Forbes Gokak (Rs 564.64), UP Hotels (Rs 231.05) and Sandesh (Rs 191.40)gained more than 10 per cent against their previous day's close.

Ansal Properties, Peninsula Land, Atlanta, Unitech, Kemrock Industries, Ansal Housing & Constructions, Electrotherm India, Country Club India, D S Kulkarni Developers and Acrow India were frozen at 5 per cent on the upper circuit.

Meanwhile, 90 stocks closed at an all-time high on the BSE. Five stocks from the BSE Sensex — Infosys Technologies (Rs 2,160.90), ICICI Bank (Rs 804.55), Bharti Airtel (Rs 565.10), Reliance Communications (Rs 403.50) and Gujarat Ambuja Cement (Rs 136.90) closed at lifetime highs.

Suzlon Energy, Mahindra & Mahindra, Jaiprakash Associates, Finolex Cables, UTI Bank, HT Media, Deccan Chronicle Holdings and Divi's Laboratories were the other frontline stocks that closed at all-time highs on the BSE.