Watch out for these penny stocks locked in the upper circuit on January 11

Watch out for these penny stocks locked in the upper circuit on January 11

Vaishnavi Chauhan

Sensex marginally trading higher by 0.20 per cent and Nifty also showing a marginal gain of 0.17 per cent

Market at 11:50 AM, In the current trading session, benchmark indices are trading positively, with the Sensex marginally trading higher by 0.20 per cent and Nifty also showing a marginal gain of 0.17 per cent. Furthermore, NIFTY Bank soared 0.29 per cent and FINNIFTY following the trail is up by 0.28 per cent.

Similarly, Nifty Mid-Cap has moderately surged by 0.56 per cent, and Nifty Small-Cap has also shown a moderate increase of 0.41 per cent.

India VIX is currently trading marginally lower by 0.07 per cent, indicating a slight decrease in market volatility.

Nifty Auto, Nifty Energy, and Nifty PSU Bank are among the Top Gainers, while currently, there are no major sectors underperforming.

Hero Motocorp, Bajaj Auto, and IndusInd Bank are among the top gainers, while Dr Reddy’s Laboratories, Infosys, and SBI Life are among the top losing stocks from the Nifty 50.

With 2,422 stocks advancing against 1,270 stocks declining, the broader market sentiment indicates a positive trend.

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 January 11, 2023:

Company Name

LTP / Close

Circuit Limit %

Future Market Networks Ltd

8.23

9.88

Mega Corp Ltd

2.68

9.84

Visagar Polytex Ltd

1.93

9.66

Visagar Polytex Ltd

0.84

5

Padmanabh Industries Ltd

4.2

5

Scintilla Commercial & Credit Ltd

5.46

5

Unishire Urban Infra Ltd

4.42

4.99

Franklin Industries Ltd

5.26

4.99

Pratik Panels Ltd

6.94

4.99

Check Point Software Technologies Ltd

7.15

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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