Watch out for these penny stocks locked in the upper circuit on August 02

Sensex and Nifty both traded lower by 0.53 per cent each.

Pre-market scenario, After Fitch downgraded the United States' long-term rating and ongoing evaluation of second-quarter earnings results, US stock futures experienced a decline. The S&P 500 had a lackluster start in August and closed down 0.27 per cent, while the Nasdaq Composite declined by 0.43 per cent. Despite this, the Dow Jones Industrial Average showed resilience and managed to gain 0.2 per cent during the trading session, reaching its highest level since February 2022.

At 10:45 AM, Sensex and Nifty both traded lower by 0.53 per cent each, with Nifty Mid-Cap and Nifty Small-Cap also experiencing declines of 0.48 per cent and 0.19 per cent respectively.

India VIX, a measure of market volatility, surged by 3.99 per cent.

Among the sectoral indices, Nifty Media showed gains, while Nifty Metal, Nifty Bank, and Nifty IT were among the Top Losers.

In the Nifty 50 index, Maruti, Coal India, and Adani Ports were among the Top Gainers, while Tata Steel, Divi's Laboratories, and Hindalco were among the top losers.

The broader market sentiment appeared to be neutral, with about 951 stocks advancing and 909 stocks declining.

On August 1, foreign institutional investors (FII) sold shares worth Rs 92.85 crore, while domestic institutional investors (DII) bought shares worth Rs 1,035.69 crore.

Following is the list of Penny Stock that got locked in the upper circuit on August 02, 2023:

Investors should keep an eye on these Penny Stocks.

Disclaimer: The article is for informational purposes only and not investment advice.