Watch out for these penny stocks locked in the upper circuit on August 22

Both, Sensex and Nifty saw minor decline of 0.05 per cent and 0.07 per cent respectively.

Market at 09:55 AM, In the latest market activity, both the Sensex and Nifty saw minor decline of 0.05 per cent and 0.07 per cent respectively.

Furthermore, BANK NIFTY witnessed an upswing of 0.11 per cent and FINNIFTY following the trail soared by 0.24 per cent.

Simultaneously, within the Nifty landscape, the Nifty Mid-Cap and Nifty Small-Cap segments began the day on a positive note, marking gains of 0.65 per cent and 0.67 per cent, respectively.

Furthermore, the India VIX, a measure of market volatility, witnessed a minor uptick of 0.08 per cent, suggesting a slightly more active market atmosphere.

In sectoral performance, the Nifty Metal, Nifty Realty, and Nifty Auto segments showcased robust strength, emerging as the frontrunners in terms of gains. Impressively, there's a conspicuous absence of any major underperforming sectors during this trading session.

Zooming in on individual stock movements within the Nifty 50 index, Adani Enterprises, HDFC Life, and Power Grid took the lead among gainers. On the flip side, Titan, Reliance, and Nestle India faced downward pressure, finding themselves among the notable decliners.

Taking a broader view, the landscape reveals around 2,066 stocks on the rise, while 853 stocks are observing declines. This collective movement underlines an overarching positive sentiment that currently pervades the wider market scene.

Following is the list of Penny Stock that got locked in the upper circuit on August 22, 2023:

Investors should keep an eye on these Penny Stocks.

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