Watch out for these penny stocks locked in the upper circuit on February 16

Watch out for these penny stocks locked in the upper circuit on February 16

Prajwal Wakhare

Sensex marginally up by 0.55 per cent, and Nifty is also making up move of 0.60 per cent.

Market at 11:35 AM, In the ongoing trading session, benchmark indices are trading on higher note, with Sensex marginally up by 0.55 per cent, and Nifty is also making up move of 0.60 per cent. Furthermore, NIFTY Bank jumped by 0.42 per cent and FINNIFTY following the trail is up by 0.08 per cent.

Similarly, Nifty Mid-Cap has seen a rise of 0.50 per cent, while Nifty Small-Cap has experienced a marginal gain of 0.70 per cent.

India VIX is trading marginally higher by 1.76 per cent, suggesting an increase in market volatility.

Noteworthy gainers include Nifty Auto, Nifty Pharma, and Nifty Metal, while only Nifty Energy is the Top Loser.

Top Gainers in individual stocks are Bharat Petroleum Corporation, Mahindra & Mahindra, and Maruti, whereas PowerGrid Corporation, Apollo Hospitals Enterprise, and Axis Bank are among the leading losers in the Nifty 50.

The broader market sentiment remains slightly positive, with 1,574 stocks advancing compared to 724 declining.

Following is the list of Penny Stock that got locked in the upper circuit on February 16, 2024:

Security Name

LTP / Close

Circuit Limit in Per cent

Pressure Sensitive Systems (India) Ltd

9.52

9.93

Vision Cinemas Ltd

1.39

9.45

Infomedia Press Ltd

6.93

5

Hypersoft Technologies Ltd

9.45

5

Mid East Portfolio Management Ltd

9.87

5

Satchmo Holdings Ltd

4.35

4.99

Omni Axs Software Ltd

5.47

4.99

Sybly Industries Ltd

7.57

4.99

Lypsa Gems & Jewellery Ltd

7.57

4.99

Ans Industries Ltd

9.26

4.99

 

Investors should keep an eye on these Penny Stocks.

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

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