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

Sensex and Nifty are facing a downturn, with declines of 0.31 per cent and 0.3 per cent, respectively.

Market at 01:50 PM, In the current market session, both the Sensex and Nifty are facing a downturn, with declines of 0.31 per cent and 0.3 per cent, respectively. Furthermore, BANK NIFTY dipped 0.49 per cent and FINNIFTY plunged by 0.30 per cent.

The Nifty Mid-Cap and Nifty Small-Cap segments are also witnessing minor drops of 0.11 per cent and 0.05 per cent, respectively.

On a global scale, European markets are poised to open lower, as indicated by futures for DAX, CAC, and FTSE, which are down by 0.37 per cent, 0.59 per cent, and 0.41 per cent, respectively.

Within the Indian market, the India VIX, a measure of market volatility, has decreased by 1.57 per cent. Notable gainers include Nifty Pharma, Nifty Media, and Nifty FMCG, while Nifty Metal, Nifty Realty, and Nifty PSU Bank are among the Top Losers.

Taking a closer look at individual stocks, Divi’s Laboratories, Cipla, and Sun Pharma are performing well within the Nifty 50, while Hindalco, Jio Financial Services, and Tata Steel are facing losses.

Regarding market sentiment, approximately 1773 stocks are on the rise, slightly outnumbered by 1770 stocks that are declining. This indicates a mildly negative sentiment prevailing in the broader market.

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

Investors should keep an eye on these Penny Stocks.

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