Watch out for these penny stocks locked in the upper circuit on January 29

Watch out for these penny stocks locked in the upper circuit on January 29

Vaishnavi Chauhan

Sensex surging by a notable 1.30 per cent and the Nifty also showing substantial gains of 1.30 per cent.

Market at 11:45 AM, In the current trading session, the benchmark indices are displaying a strong upward trend, with the Sensex surging by a notable 1.30 per cent and the Nifty also showing substantial gains of 1.30 per cent. Furthermore, NIFTY Bank zoomed 1.39 per cent and FINNIFTY following the trail is up by 1.37 per cent.

The resilience extends to broader indices, with the Nifty Mid-Cap experiencing a surge of 0.95 per cent, and the Nifty Small-Cap witnessing a gain of 1.09 per cent.

Market volatility, as indicated by India VIX, has increased significantly by 10.49 per cent, reflecting a notable uptick in market uncertainty.

Among the noteworthy gainers are the Nifty Energy, Nifty PSU Bank, and Nifty Financial Services sectors, while Nifty IT is the sole major sector underperforming in the current session.

Top-performing individual stocks include ONGC, Adani Enterprises, and Adani Ports, contributing to the positive momentum. On the flip side, leading losers in the Nifty 50 include Cipla, Infosys, and Dr Reddy’s Laboratories.

The broader market sentiment remains positive, with 2,299 stocks advancing compared to 1,480 declining, highlighting the overall bullish stance in the market.

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Following is the list of Penny Stock that got locked in the upper circuit on January 29, 2024:

Company Name

LTP / Close

Circuit Limit %

A F Enterprises Ltd

6.42

20

Kretto Syscon Ltd

1.05

5

Vax Housing Finance Ltd

2.1

5

Dhanada Corporation Ltd

2.31

5

Corporate Courier and Cargo Ltd

3.15

5

Aravali Securities and Finance Ltd

4.62

5

Mukta Agriculture Ltd

4

4.99

Gravity India Ltd

5.05

4.99

Bharat Textiles & Proofing Industries Ltd

6.94

4.99

Elango Industries Ltd

8.83

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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