Watch out for these penny stocks locked in the upper circuit on September 12

Watch out for these penny stocks locked in the upper circuit on September 12

Vaishnavi Chauhan
/ Categories: Trending, Mindshare

Sensex and Nifty witnessed a decline of 0.07 per cent and 0.17 per cent, respectively,

Market at 10:30 AM, In the latest market update, Sensex and Nifty witnessed a decline of 0.07 per cent and 0.17 per cent, respectively, indicating towards a muted market. Furthermore, BANK NIFTY plunged 0.21 per cent and FINNIFTY dipped by 0.25 per cent.

Additionally, Nifty Mid-Cap shows a modest decrease of 0.24 per cent, and Nifty Small-Cap opens lower by 0.42 per cent.

However, there has been a notable surge of 2.2 per cent in the India VIX, suggesting increased volatility in the market.

Among the top-performing sectors, Nifty Pharma, Nifty IT, and Nifty Bank lead the way as gainers, while Nifty Auto, Nifty Energy and Nifty Media are among the Top Losers.

In terms of individual stock performance within the Nifty 50 index, L&T, Dr Reddy's Laboratories, and Divi’s Laboratories are among the Top Gainers, while Adani Ports, Adani Enterprises, and BPCL face declines.

Overall market sentiment appears negative, with around 748 stocks advancing compared to 2627 stocks declining, indicating a negative outlook 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 September 12, 2023:

Company Name

LTP / Close

Circuit Limit %

Sturdy Industries Ltd

0.42

5

Excel Realty N Infra Ltd

0.42

5

Shree Securities Ltd

0.42

5

Sab Events & Governance Now Media Ltd

5.25

5

Hybrid Financial Services Ltd

8.4

5

Promact Impex Ltd

8.82

5

White Organic Retail Ltd

7.58

4.99

Kridhan Infra Ltd

2.32

4.98

Cranes Software International Ltd

4.01

4.97

Virgo Global Ltd

7.6

4.97

 

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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