Watch out for these penny stocks locked in the upper circuit on March 17
Indian markets are on a bull run from the opening bell of Thursday.
On a sectoral basis, the Banking index soared by 700 points, while the Consumer Durables and IT index jumped nearly 500 points and 300 points, respectively. Also, IT, Consumer Durable stocks advanced amid a global bullish tone in the sector. The Foreign investor (FII) were net buyers of Rs 311.9 crore and Domestic Investors (DII) bought shares of Rs 772.55 crore on March 16.
The BSE Sensex index rocketed up by 1090 points and is trading at a level of 57,907. BSE MidCap has soared by 311 and is trading at 23,884 levels, BSE SmallCap index climbed by 314 points and trades at a level of 27,713. The gaining stocks on BSE Sensex are HDFC (4.51 per cent), Titan (4.33 per cent), and Kotak Bank (3.45 per cent).
The Nifty 50 index ascended by 307 points and is at 17,283 levels. Bank Nifty has appreciated by 813 points and trades at 36,562 levels. The major contributors of Nifty 50 are Asian Paints (3.26 per cent), Eicher Motors (3.59 per cent), and HDFC (4.35 per cent).
Following is the list of penny stocks locked in the upper circuit today. Keep a close eye on these counters for the upcoming sessions.
Sr No
|
Stock Name
|
LTP
|
Price gain (%)
|
1
|
Ballarpur Industries
|
1.2
|
4.35
|
2
|
HDIL
|
7.05
|
4.44
|
3
|
Usha Martin
|
2.85
|
364
|
4
|
SREI Infra Fin
|
6.2
|
4.2
|
5
|
FCS Software
|
4.8
|
4.35
|
6
|
Setubandhan Infra
|
2.85
|
3.64
|
7
|
Reliance Defense
|
4.25
|
4.94
|
8
|
Impex Ferro Tech
|
1.5
|
3.45
|
9
|
Alps Industries
|
2.3
|
4.55
|
10
|
Raj Rayon
|
1.4
|
3.7
|