Watch out for these penny stocks locked in the upper circuit on February 29
Sensex zoomed by 0.24 per cent and the Nifty rallied by 0.13 per cent.
Market at 11:25 AM, In the ongoing trading session, the Sensex zoomed by 0.24 per cent and the Nifty rallied by 0.13 per cent. Furthermore, NIFTY Bank plunged 0.12 per cent and FINNIFTY following the trail is down by 0.01 per cent.
In the broader indices, the Nifty Mid-Cap is experiencing a marginal decline of 0.04 per cent, while the Nifty Small-Cap dipped by 0.07 percent.
India VIX, a measure of market volatility, is lower by 2 percent, indicating a slight decrease in volatility.
Among the major sectors, only Nifty Auto and Nifty Metal are trading marginally higher, while all other sectors are in the red. Nifty Media, Nifty Realty, and Nifty Pharma are among the Top Losers.
In individual stocks, BPCL, M&M, and SBI are leading the gains, while Hindalco, UPL, and Kotak Bank are among the top losers in the Nifty 50 index.
Overall, the broader market sentiment remains negative, with 1,224 stocks advancing compared to 2,405 declining.
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Following is the list of Penny Stock that got locked in the upper circuit on February 29, 2024:
|
Company Name
|
LTP / Close
|
Circuit Limit %
|
|
TPI India Ltd
|
9.05
|
4.99
|
|
Vision Cinemas Ltd
|
2.32
|
4.98
|
|
Saptak Chem And Business Ltd
|
4.43
|
4.98
|
|
iStreet Network Ltd
|
2.54
|
4.96
|
|
Sree Jayalakshmi Autospin Ltd
|
3.81
|
4.96
|
|
SR Industries Ltd
|
2.33
|
4.95
|
|
Maruti Securities Ltd
|
8.08
|
4.94
|
|
Vinny Overseas Ltd
|
5.11
|
4.93
|
|
Oswal Yarns Ltd
|
5.56
|
4.91
|
|
MFS Intercorp Ltd
|
8.98
|
4.91
|
Investors should keep an eye on these Penny Stocks.