Watch out for these penny stocks locked in the upper circuit on October 03

Sensex and Nifty are showing a downward trend, with declines of 0.64 per cent and 0.69 per cent, respectively.

Market at 10:00 AM, As the market opens today, both the Sensex and Nifty are showing a downward trend, with declines of 0.64 per cent and 0.69 per cent, respectively. Furthermore, BANK NIFTY plunged 0.56 per cent and FINNIFTY dipped by 0.64 per cent.

 Additionally, the Nifty Mid-Cap has started the day with a 0.23 per cent drop, while the Nifty Small-Cap opens with a 0.16 per cent decline.

The India VIX, surging by 6.99 per cent, indicates an uptick in market volatility, prompting investors to exercise caution.

At the moment, no major sectors are trading in positive territory. Instead, the Nifty Energy, Nifty Metal, and Nifty Auto sectors are among the Top Losers at the opening bell.

Looking at individual stock performance, Asian Paints, Ultratech Cement, and Hindustan Unilever are among the Top Gainers in the Nifty 50. Conversely, Eicher Motors, ONGC, and Hindalco are witnessing losses.

The broader market sentiment remains relatively positive, with 1503 stocks advancing compared to 1541 stocks declining. This dynamic suggests that while certain sectors face challenges at the moment, the overall market still holds potential opportunities for investors.

Following is the list of Penny Stock that got locked in the upper circuit on October 03, 2023:

Investors should keep an eye on these Penny Stocks.

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