Watch out for these penny stocks locked in the upper circuit on October 27

Watch out for these penny stocks locked in the upper circuit on October 27

Vaishnavi Chauhan
/ Categories: Trending, Mindshare

Sensex and Nifty have shown significant upward movement, with gains of 1.01 per cent and 0.99 per cent respectively.

Market at 11:50 AM, In the latest market update, both the Sensex and Nifty have shown significant upward movement, with gains of 1.01 per cent and 0.99 per cent respectively. FurthermoreBANK NIFTY soared 1.10 per cent and FINNIFTY witnessed an upward swing of 1.17 per cent.

Moreover, Nifty Mid-Cap and Nifty Small-Cap segments have witnessed remarkable surges, rising by 1.76 per cent and 2.09 per cent respectively.

Notably, market volatility, as indicated by the India VIX, has experienced a notable decline of 5.9 per cent, suggesting a substantial reduction in market turbulence.

Additionally, positive sentiment prevails across major sectors, with Nifty PSU Bank leading the way in terms of gains, closely followed by Nifty Media, Nifty Realty, and Nifty Energy.

Among the Top Gainers in the Nifty 50 index are Coal India, SBI, and Adani Enterprises, while prominent decliners within the Nifty 50 include Dr. Reddy's Laboratories, Hindustan Unilever, and ITC.

It's noteworthy that 2,833 stocks are advancing, outnumbering the 633 stocks that are declining, underscoring an overall positive sentiment 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 October 27, 2023:

Company Name

LTP / Close

Circuit Limit %

Kmf Builders And Developers Ltd

4.67

9.88

Jackson Investments Ltd

0.63

5

Rama Petrochemicals Ltd

4.63

4.99

Promact Impex Ltd

7.16

4.99

KBC Global Ltd

2.53

4.98

Vikas Ecotech Ltd

3.38

4.97

Purohit Construction Ltd

6.55

4.97

Continental Controls Ltd

5.29

4.96

Nila Infrastructures Ltd

6.14

4.96

Gujarat Inject Kerala Ltd

8.88

4.96

 

 

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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