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

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

Vaishnavi Chauhan

The Sensex experiencing a dip of 0.06 per cent, and the Nifty is slightly down by 0.07 per cent

Market at 11:55 AM, In the ongoing trading session, benchmark indices are showing marginal decline, with the Sensex experiencing a dip of 0.06 per cent, and the Nifty is slightly down by 0.07 per cent.  Furthermore, NIFTY Bank soared 0.12 per cent and FINNIFTY following the trail is up by 0.06 per cent.

 Similarly, the Nifty Mid-Cap has seen a moderate increase of 0.35 per cent while the Nifty Small-Cap has marginally risen by 0.16 per cent.

India VIX is currently trading slightly higher by 0.40 per cent, suggesting a minor uptick in market volatility.

Leading the gainers are Nifty PSU Bank, Nifty Media, and Nifty Auto, while Nifty Realty, Nifty IT, and Nifty Metal Pharma are among the Top Losers.

Top-performing stocks in the Nifty 50 include Titan, BPCL, and ONGC, while HCL Technologies, Wipro, and Divi’s Laboratories are among the top losers.

With 1,800 stocks advancing against 1,872 stocks declining, there is a subtle indication of a negative sentiment in the broader market.

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

Company Name

LTP / Close

Circuit Limit %

Cubical Financial Services Ltd

2.42

19.8

Cni Research Ltd

4.84

10

Kmf Builders And Developers Ltd

6.51

9.97

Satra Properties (India) Ltd

1.26

5

Sungold Capital Ltd

3.15

5

Mangalam Industrial Finance Ltd

5.67

5

Melstar Information Technologies Ltd

5.88

5

Jagsonpal Finance And Leasing Ltd

6.3

5

Kaarya Facilities & Services Ltd

6.94

4.99

VB Industries Ltd

8.63

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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