Watch out for these penny stocks locked in the upper circuit on November 22

Watch out for these penny stocks locked in the upper circuit on November 22

Kaustubh Bhosale

In the morning trade, the frontline equity benchmarks reversed the downward trend and traded slightly higher.

In the morning trade, the frontline equity benchmarks reversed the downward trend and traded slightly higher. The market breadth was neutral on the BSE, as 1,618 shares rose and 1,537 shares fell. A total of 179 shares were unchanged. 

  

At 10:45 IST, the barometer index, the S&P BSE Sensex ended its fall and is trading in upwards direction, gaining by 137 points at a level of 61,282.35 level. In the broader market, S&P BSE Mid-Cap similarly have increased but by a small margin of 55 points and is at a level of 25,152.20. While the Small-Cap index of the flip side has slipped by 6 points and is trading at 28,745.92 level. 

  

The Nifty 50 index has also jumped by 45 points and is trading at 18,205.53 level. The Bank Nifty, likewise saw a decline of 43 points, trading at 42,390.40 level. Top Gainers on the nifty were IndusInd Bank, Ultratech Cement, Grasim Industries, NTPC and Hindalco Industries. 

  

On November 21, foreign portfolio investors (FPIs) turned out to be the net sellers of shares worth Rs 1,593.83 crores and the domestic institutional investors (DIIs) turned out to be net buyers of shares worth 1,262.91 crores. 

  

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

  

Stock Name 

LTP 

Circuit Limit % 

Panafic Industrials 

1.43 

10 

Croissance 

6.03 

9.84 

Leading Leasing Finance and Investment Company 

9.28 

4.98 

Janus Corporation 

9.93 

4.97 

Arshiya 

9.99 

4.94 

Minolta Finance 

6.62 

4.91 

RLF 

5.58 

4.89 

Innocorp 

7.74 

4.88 

Cranes Software International 

3.45 

4.86 

BSEL Infrastructure Realty 

4.35 

4.82 

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