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

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

Vaishnavi Chauhan

Sensex zoomed by 0.44 per cent, and the Nifty hit its new all times high level of 21,000.

Market at 10:30 AM, In recent market development, with the Sensex zoomed by 0.44 per cent, and the Nifty hit its new all times high level of 21,000. Furthermore, BANK NIFTY soared 0.59 per cent and FINNIFTY witnessed an upswing of 0.55 per cent.

 Additionally, Nifty Mid-Cap opened higher by 0.5 per cent, while Nifty Small-Cap saw a 0.25 per cent rise.

India VIX recorded a 0.91 per cent plunge, indicating a reduction in market volatility.

The top gaining sectors included Nifty Metal, Nifty Media, and Nifty Realty, while Nifty Auto and Nifty Pharma experienced losses.

JSW Steel, Hindalco, and NTPC emerged as Top Gainers, while Bajaj Finance, Bharti Airtel, and Dr Reddy’s Laboratories faced declines among the Nifty 50 stocks.

The broader market sentiment remained positive, with 2298 stocks advancing against 1123 stocks declining, indicating a favorable outlook for the overall market. This diverse performance across sectors underscores the dynamic nature of the trading landscape.

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.

 

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

Company Name

LTP / Close

Circuit Limit %

Arshiya Ltd

5.52

9.96

Pressure Sensitive Systems (India) Ltd

9.17

9.95

India Lease Development Ltd

9.75

9.92

India Steel Works Ltd

2.7

9.76

Ambitious Plastomac Ltd

6.72

5

Systematix Securities Ltd

9.66

5

Olympic Cards Ltd

4

4.99

Educomp Solutions Ltd

4.42

4.99

National Plywood Industries Ltd

5.69

4.98

Unitech Ltd

8.45

4.97

 

Investors should keep an eye on these Penny Stocks.

 

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

Previous Article 75 per cent returns from its 52-week low: This micro-cap company is setting solar power plant with a capacity of 1300-MW!
Next Article Multibagger penny stock below Rs 80 & FIIs increase stake: Shares of this small-cap company gained over 10 per cent on conversion of warrants into equity shares!
Rate this article:
5.0

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR