Watch out for these penny stocks locked in the upper circuit on November 23

Sensex and Nifty recorded marginal gains of 0.02 percent and 0.04 percent, respectively.  

Market at 10:40 AM, In recent market development, both the Sensex and Nifty recorded marginal gains of 0.02 percent and 0.04 percent, respectively.  Furthermore, BANK NIFTY soared 0.31 per cent and FINNIFTY witnessed an upswing of 0.15 per cent.

 Concurrently, Nifty Mid-Cap and Nifty Small-Cap exhibited even more robust performances, opening higher by 0.29 per cent and 0.75 per cent, respectively.

India VIX, a measure of market volatility, experienced a modest decrease of 0.42 per cent, signaling a slight dip in market uncertainty.

In sectoral movements, Nifty Realty, Nifty Media, and Nifty PSU Bank emerged as the Top Gainers, contributing to the overall positive sentiment. However, Nifty Pharma stood out as the sole major sector currently underperforming.

Individual stock movements showcased Bajaj Auto, Eicher Motors, and HDFC Life as the leading gainers within the Nifty 50, while Cipla, Dr Reddy’s Laboratories, and Ultra Tech Cement faced losses.

The broader market sentiment remained optimistic, with 2060 advancing stocks outnumbering 1309 declining ones, indicating a prevailing positive sentiment in the broader market.

Following is the list of Penny Stock that got locked in the upper circuit on November 23, 2023:

Investors should keep an eye on these Penny Stocks.

Disclaimer: The article is for informational purposes only and not investment advice.