Watch out for these penny stocks locked in the upper circuit on March 02

Watch out for these penny stocks locked in the upper circuit on March 02

Kaustubh Bhosale

On March 01, the foreign portfolio investors (FPIs) turned out the net sellers of shares worth Rs 424.88 crores.

In morning trade, the domestic equities barometers continued to decline. While there was some selling pressure on IT, FMCG and auto sectors, there was some buying interest for real estate, metal and PSU bank shares. 

  

At 11:23 am, the benchmark BSE Sensex is trading with a noticeable loss of 311 points, to 59,099 levels. The S&P BSE Mid-Cap, on the other hand, gained by 14 points and is at a level of 24,499 levels whereas, the Small-Cap index, rose by 23 points, trading at 27,741 level.  

  

The broader NSE index NIFTY50 fell by 86 points, to 17,364 levels while, the Bank Nifty is currently trading at a level of 40,580 which plunged by 117 points. 

  

On March 01, the foreign portfolio investors (FPIs) turned out the net sellers of shares worth Rs 424.88 crore and the domestic institutional investors (DIIs) turned out the net buyers of shares worth 1,498.66 crore.   

   

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

  

Stock Name 

LTP 

Circuit Limit % 

Otco International 

5.94 

10 

Kavveri Telecom Products 

6.38 

10 

Goyal Associates 

2.31 

Gala Global Products 

8.19 

Polo Hotels 

8.83 

4.99 

Kome-on Communication 

2.53 

4.98 

JBF Industries 

6.53 

4.98 

Arshiya 

6.96 

4.98 

Zee Learn 

3.59 

4.97 

Future Lifestyle Fashions 

5.93 

4.96 

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