Watch out for these Penny Stocks locked in the upper circuit on July 17

Watch out for these Penny Stocks locked in the upper circuit on July 17

Vaishnavi Chauhan
/ Categories: Trending, Mindshare

With 1440 stocks advancing and only 441 declining, the broader market reflects a positive sentiment.

Pre-market scenario: On July 14, the S&P 500 closed with a slight dip, driven by declines in bank and financial shares after quarterly reports. Despite this, all three major US stock indexes achieved significant weekly gains. The Dow Jones Industrial Average rose by 0.33 per cent, the S&P 500 slipped by 0.10 per cent, and the Nasdaq Composite declined by 0.18 per cent.

 

At 9:30 AM: The bulls of D-street were seen in resting mode as both Sensex and Nifty commenced the day with little change. Nifty Mid-Cap and Nifty Small-Cap opened higher, up by 0.41 per cent and 0.9 per cent respectively.

Nifty Media, Metal, and Pharma gained, while Auto, Financial Services, and Bank sectors faced losses. Adani Enterprises, Adani Ports, and L&T Infotech saw gains, while ONGC, Hero Motocorp, and M&M experienced losses in the Nifty 50.

With 1440 stocks advancing and only 441 declining, the broader market reflects a positive sentiment.

On July 14, foreign institutional investors (FII) bought shares worth Rs 2,636.43 crore, while domestic institutional investors (DII) sold shares worth Rs 772.45 crore.

Following is the list of Penny Stock that got locked in the upper circuit on July 14, 2023:

Company Name

LTP / Close

Circuit Limit %

Rathi Steel and Power Ltd

5.61

10

Kanel Industries Ltd

1.68

5

Ramgopal Polytex Ltd

4.41

5

USG Tech Solutions Ltd

3.58

4.99

Shree Rajasthan Syntex Ltd

4

4.99


Royal India Corporation Ltd

3.37

4.98

Gayatri Projects Ltd

6.95

4.98

Archana Software Ltd

5.49

4.97

Gopal Iron and Steels Company Gujarat Ltd

6.34

4.97

Sea TV Network Ltd

2.54

4.96

 

Investors should keep an eye on these Penny Stock.

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