These penny stocks were locked in the upper circuit on Monday
Nifty close near 17000 levels even as the short-term trend seems to be positive. The strength shown by the markets on Monday indicate that it is only a matter of time that Nifty trades above 17000 levels as there is no tiredness seen in the markets at all time highs.
Traders can now eye at 17500 levels if Nifty settles comfortably above the 17000 levels in coming sessions. The action was seen in Nifty Bank with PSU banks seen trending on Monday.
Nifty Metal index was seen outperforming on Monday while BSE SmallCap index gained by more than 1.5 per cent on Monday. Several penny stocks were seen trending on Monday with few locked in the upper circuit.
Following is the list of penny stocks that were seen locked in the upper circuit:
| Sr No |
Stock |
LTP |
Price Gain (%) |
| 1 |
Reliance Communications |
2.95 |
3.51 |
| 2 |
SITI Networks |
1.55 |
3.33 |
| 3 |
Reliance Power |
|
|
| 4 |
Gammon Infra |
1.7 |
3.03 |
| 5 |
Prakash Steel |
2.15 |
4.88 |
| 6 |
Lloyds Steel |
3.2 |
4.92 |
| 7 |
Reliance Home Finance |
3.8 |
4.11 |
| 8 |
Zee Media |
9.45 |
5 |
| 9 |
Jump Networks |
8.85 |
4.73 |
| 10 |
Kavveri Telecom |
5.8 |
4.5 |
| 11 |
Setubandhan Infra |
1.3 |
4 |
| 12 |
Soma Textiles |
8.35 |
9.87 |