Watch out for these penny stocks locked in the upper circuit on August 08

The Sensex and Nifty are trading with little change.

Pre-market scenario, During the regular trading session on Monday, the Dow Jones Industrial Average, which is composed of 30 stocks, displayed a remarkable surge, achieving a gain of nearly 1.2 per cent. This performance marked its most impressive showing since June 15. Likewise, the Nasdaq Composite saw a rise of 0.6 per cent, and the S&P 500 concluded the session with a notable 0.9 per cent increase. This significant upward movement in both the Nasdaq and the S&P 500 put an end to a four-day streak of consecutive losses.

At 09:30 AM, The Sensex and Nifty are trading with little change. Nifty Mid-Cap and Nifty Small-Cap are showing gains of 0.17 per cent and 0.21 per cent respectively.

India VIX has seen a rise of 2.16 per cent.

Nifty Pharma, Nifty Energy, and Nifty PSU Bank are leading the gainers, whereas Nifty IT, Nifty Auto, and Nifty FMCG are the Top Losers.

Hero Motocorp, Cipla, and Dr Reddy’s Laboratories are standing out as the Top Gainers, while Adani Ports, Power Grid, and Adani Enterprises are at the forefront of losses in the Nifty 50.

Among the listed stocks, around 1257 are advancing compared to 582 stocks that are declining, indicating an overall positive sentiment in the broader market.

On August 7, foreign institutional investors (FII) offloaded shares worth Rs 1,892.77 crore, while domestic institutional investors (DII) bought shares worth Rs 1,080.80 crore.

Following is the list of Penny Stock that got locked in the upper circuit on August 08, 2023:

Investors should keep an eye on these Penny Stocks.

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