Watch out for these penny stocks locked in the upper circuit on January 23

Watch out for these penny stocks locked in the upper circuit on January 23

Vaishnavi Chauhan

Sensex declining by 0.70 per cent and Nifty also experiencing losses of 1.20 per cent

Market at 11:45 AM, In the current trading session, benchmark indices are trending lower, with Sensex declining by 0.70 per cent and Nifty also experiencing losses of 1.20 per cent. Furthermore, NIFTY Bank plunged 1.74 per cent and FINNIFTY following the trail is down by 1.29 per cent.

Notably, Nifty Mid-Cap has witnessed a significant decline of 0.87 per cent, while Nifty Small-Cap has also seen a plunge of 0.87 per cent.

India VIX is marginally down by 0.24 per cent, indicating a slight reduction in market volatility.

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

In individual stocks, notable gainers are Cipla, Sun Pharma, and Bharti Airtel, while leading losers in the Nifty 50 include Britannia, Coal India, and HDFC Bank.

The overall market sentiment remains negative, with 1,097 stocks advancing compared to 2,703 declining.

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 23, 2024:

Company Name

LTP / Close

Circuit Limit %

Nyssa Corporation Ltd

8.14

19.88

Minaxi Textiles Ltd

3.45

19.79

UTL Industries Ltd

2.31

5

JainCo Projects (India) Ltd

5.25

5

G K Consultants Ltd

9.03

5

GCM Commodity & Derivatives Ltd

5.68

4.99

Orchasp Ltd

4.64

4.98

Kabra Drugs Ltd

6.53

4.98

Natura Hue Chem Ltd

9.49

4.98

Aneri Fincap Ltd

6.55

4.97

 

 

Investors should keep an eye on these Penny Stocks.

 

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