Watch out for these Penny Stocks locked in the upper circuit on May 09

Watch out for these Penny Stocks locked in the upper circuit on May 09

Vaishnavi Chauhan

Sensex registering a significant decline of 0.57 per cent, and the Nifty also experiencing a notable drop of 0.60 per cent.

Market at 11:35 AM, In the ongoing trading session, benchmark indices are witnessing a downturn, with the Sensex registering a significant decline of 0.57 per cent, and the Nifty also experiencing a notable drop of 0.60 per cent. Furthermore, NIFTY Bank plunged 0.49 per cent and FINNIFTY is down by 0.79 per cent.

Similarly, in the broader market, the Nifty Mid-Cap is facing substantial losses of 0.8 per cent, while the Nifty Small-Cap has plummeted by 1.29 per cent.

India VIX is on the rise by 3.26 per cent, indicating a moderate increase in market volatility.

Among the major sectors, Nifty Auto is the sole sector trading positively, while Nifty Energy, Nifty Metal, and Nifty Media are leading the losses.

The overall market sentiment is negative, with 1,160 stocks advancing compared to 2,417 stocks declining.

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Following is the list of Penny Stock that got locked in the upper circuit on May 09, 2024:

Company Name

LTP / Close

Circuit Limit %

Sobhagya Mercantile Ltd

1.17

39.29

Bisil Plast Ltd

2.57

9.83

Gayatri Highways Ltd

1.26

5

IFL Enterprises Ltd

1.88

4.97

Beeyu Overseas Ltd

5.07

4.97

Panafic Industrials Ltd

1.27

4.96

Franklin Industries Ltd

7.44

54.94

P.M. Telelinnks Ltd

7.02

4.93

NB Footwear Ltd

7.03

4.93

RCI Industries & Technologies Ltd

4.69

4.92

 

 

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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