Watch out for these penny stocks locked in the upper circuit on February 9

Watch out for these penny stocks locked in the upper circuit on February 9

Prajwal Wakhare

Sensex dropping by 0.20 per cent and the Nifty showing a loss of 0.36 per cent.

Market at 11:25 AM, In the ongoing trading session, the benchmark indices are on a downward trajectory, with the Sensex dropping by 0.20 per cent and the Nifty showing a loss of 0.36 per cent. Furthermore, NIFTY Bank zoomed 0.32 per cent and FINNIFTY following the nifty is down by 0.05 per cent.

The broader market indices are also displaying drag down, with the Nifty Mid-Cap experiencing significant loss of 2.58 per cent and the Nifty Small-Cap tumbled by an massive 2.94 per cent.

India VIX is trading marginally lower by 0.16 per cent, signaling a slight decrease in market volatility.

Notable gainers include Nifty Bank, Nifty Pvt Bank, and Nifty FMCG, while Nifty Metals, Nifty Media and Nifty PSU banks are major underperforming sectors.

Top-performing individual stocks are Sun Pharmaceutical Industries Ltd, ICICI Bank Ltd and ITC Ltd, contributing to the positive momentum. On the other hand, leading losers in the Nifty 50 include Coal India Ltd, Oil and Natural Gas Corporation Ltd, and Bharat Petroleum Corporation Ltd.

The broader market sentiment remains negative, with 366 stocks advancing compared to 1,960 declining, reflecting an overall pessimestic trend.

Following is the list of Penny Stock that got locked in the upper circuit on February 9, 2024:

Company Name

LTP / Close

Per cent Change

Otco International Ltd

8.59

9.99

Nivaka Fashions Ltd

5.56

9.88

Eastern Silk Industries Ltd

3.15

5

Elango Industries Ltd

13.65

5

Integrated Proteins Ltd

15.75

5

Ashnisha Industries Ltd

7.78

4.99

Shamrock Industrial Co. Ltd

9.04

4.99

Franklin Leasing And Finance Ltd

15.57

4.99

Bodhtree Consulting Ltd

7.59

4.98

Datasoft Application Software (India) Ltd

10.54

4.98

 

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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