Watch out for these penny stocks locked in the upper circuit on September 29

Sensex and Nifty exhibit strength, posting moderate gains of 0.71 per cent and 0.80 per cent, respectively.

Market at 01:40 PM, In the ongoing market session, there is a noticeable uptrend as both the Sensex and Nifty exhibit strength, posting moderate gains of 0.71 per cent and 0.80 per cent, respectively. Furthermore, BANK NIFTY soared 0.68 per cent and FINNIFTY witnessed an uptick of 0.69 per cent.

Furthermore, the Nifty Mid-Cap index stands out with significant gains of 1.12 per cent, while the Nifty Small-Cap index follows closely with a respectable increase of 0.95 per cent.

Investors are experiencing a considerable reduction in market volatility, as evidenced by a substantial 9.44 per cent drop in the India VIX (Volatility Index), contributing to a more stable trading atmosphere.

Regarding sector performance, Nifty Pharma, Nifty Media, and Nifty Metal are among the Top Gainers, reflecting positive sentiment prevailing in these industries. Notably, there are currently no major sectors underperforming, underscoring the overall strength of the market.

Prominent gainers within the Nifty 50 include NTPC, Dr. Reddy's Laboratories, and Hindalco, while Adani Enterprises, LTIMindtree, and Power Grid face some losses.

With approximately 1474 stocks advancing compared to 522 stocks declining, the broader market sentiment remains upbeat, signaling investor confidence in the current market conditions.

Following is the list of Penny Stock that got locked in the upper circuit on September 29, 2023:

Investors should keep an eye on these Penny Stocks.

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