Watch out for these penny stocks locked in the upper circuit on April 11
On Monday, Indian markets plummeted due to negative global cues and concerns about inverted US bond yields as well as the ongoing concerns from the COVID-19 epidemic.
On Monday, Indian markets plummeted due to negative global cues and concerns about inverted US bond yields as well as the ongoing concerns from the COVID-19 epidemic.
On the domestic front, there was a broad-based selloff with IT, banking, consumer durables, FMCG, and auto sectors failing the most while buying tendencies were evident in power, metal & pharmaceutical stocks. In addition, investors' attention has switched to TCS's March 2022 quarterly results, which will be released later today.
BSE Sensex traded with noteworthy cuts in early trade today, falling by 431 points at 59,015.48. On the flip side, BSE Midcap rose by 106 points and is trading at 25,410.07 levels. BSE Smallcap index also climbed 186 points and is trading at the level of 29,952.66. The gaining stocks on BSE Sensex are ICICI Bank (0.87 per cent), NTPC (0.56 per cent), SBI Life Insurance (0.38 per cent), Induslnd Bank (0.25 per cent), and Tata Steel (0.07 per cent).
Also, Nifty 50 index plunged 106 points and is trading at 17,677.40 levels. Similarly, Bank Nifty also dropped by 18 points and trades at 37,733.50 levels. The major contributors to Nifty 50 are Adani Ports (1.82 per cent), Grasim Industries (1.57 per cent), JSW Steel (1.13 per cent), ICICI Bank (0.97 per cent), and Apollo Hospitals (0.93 per cent).
Following is the list of Penny Stocks that got locked in the upper circuit today. Keep a close eye on these counters for the upcoming sessions:
|
Sr. no.
|
Stock name
|
LTP
|
Price gain (per cent)
|
|
1
|
B.A.G Films & Media Ltd
|
8.83
|
9.96
|
|
2
|
TCI Finance Ltd
|
8.53
|
9.92
|
|
3
|
Setubandhan Infrastructure Ltd
|
3.55
|
9.91
|