Watch out for these penny stocks locked in the upper circuit on January 17

Watch out for these penny stocks locked in the upper circuit on January 17

Kaustubh Bhosale

On January 16, the foreign portfolio investors (FPIs) turned out to be the net sellers of shares worth Rs 750.59 crore,

On Tuesday, the major equity indices were trading with respectable gains. Metal, pharma and media shares declined, while PSU banks, IT and oil & gas shares were in demand. 

  

The barometer index, the S&P BSE Sensex, trades in green, up by 334 points at 11:00 IST and is currently trading at a level of 60,427. The S&P BSE Mid-Cap on the other hand fell by 28 points, trading at a level of 25,057 at the moment. The Small-Cap index, similarly dropped by mere 17 points, trading at 28,812 level. 

  

The Nifty 50 index has jumped by 85 points and is trading at 17,980 level. Similarly, the Bank Nifty is currently trading at a level of 42,217 with a slight gain of 49 points. 

  

On January 16, the foreign portfolio investors (FPIs) turned out to be the net sellers of shares worth Rs 750.59 crore, while the domestic institutional investors (DIIs) were the net buyers of shares worth 685.96 crore. 

  

Following is the list of Penny Stocks that got locked in the upper circuit on Tuesday. Keep a close eye on these counters for the upcoming sessions:

 

Stock Name

LTP

Circuit Limit %

Fone4 Communications(India)

8.71

9.97

Luharuka Media & Infra

5.46

9.86

Gyscoal Alloys

3.78

5

Andhra Cements

7.38

4.98

Colorchips New Media

9.51

4.97

Reliance Naval and Engineering

3.4

4.94

Nila Spaces

3.61

4.94

Ecs Biztech

7.22

4.94

IMP Powers

7.43

4.94

Country Club Hospitality & Holidays

8.07

4.94

Previous Article Back-to-back upper circuits in this smallcap stock following bulk deals from ace investors!
Next Article This debt-free penny stock is locked in the upper circuit; do you have it?
Rate this article:
3.8

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR