Watch out for these penny stocks locked in the upper circuit on November 06

Watch out for these penny stocks locked in the upper circuit on November 06

Vaishnavi Chauhan
/ Categories: Trending, Mindshare

Sensex and Nifty are putting on a strong performance, recording gains of 0.64 per cent and 0.61 per cent, respectively.

Market at 12:45 PM, In the latest market update, the Sensex and Nifty are putting on a strong performance, recording gains of 0.64 per cent and 0.61 per cent, respectively. FurthermoreBANK NIFTY soared 0.47 per cent and FINNIFTY witnessed an upswing of 0.61 per cent.

 Simultaneously, the Nifty Mid-Cap and Nifty Small-Cap segments are outshining with substantial increases of 0.79 per cent and 1.06 per cent, respectively.

However, it's worth noting that market volatility is on the rise, evident in a 2.23 per cent surge in India VIX, indicating increased turbulence in the market.

Looking at global markets, European futures for DAX, FTSE, and CAC are poised for a positive start, trading higher by 0.02 per cent, 0.11 per cent, and 0.03 per cent, respectively.

The day's top-performing sectors include Nifty Realty, Nifty Energy, and Nifty Media, while Nifty PSU Bank stands as the sole major sector underperforming.

Turning our attention to individual stocks, Eicher Motors, Hero Motocorp, and Axis Bank are among the Top Gainers, while SBI, Titan, and Tata Motors lead the decliners within the Nifty 50.

Overall, the market sentiment remains positive, with approximately 2,475 advancing stocks compared to 1,192 in decline, highlighting an optimistic outlook in the broader market.

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.

Following is the list of Penny Stock that got locked in the upper circuit on November 06, 2023:

Company Name

LTP / Close

Circuit Limit %

Burnpur Cement Ltd

6.57

9.87

Sturdy Industries Ltd

0.42

5

Engineers India Ltd

7.98

5

VXL Instruments Ltd

8.82

5

Madhav Infra Projects Ltd

6.52

4.99

Advance Syntex Ltd

6.53

4.98

Ambition Mica Ltd

4.02

4.96

Sarveshwar Foods Ltd

4.87

4.96

Williamson Financial Services Ltd

5.29

4.96

Transgene Biotek Ltd

4.66

4.95

 

 

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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