Watch out for these Penny Stocks locked in the upper circuit on April 16
Sensex dropping by 0.51 per cent and the Nifty declining by 0.37 per cent.
Market at 11:10 AM, Currently, the benchmark indices are facing downward pressure in today's trading session, with the Sensex dropping by 0.51 per cent and the Nifty declining by 0.37 per cent. Furthermore, NIFTY Bank plunged 0.57 per cent and FINNIFTY is down by 0.39 per cent.
In contrast to this, the broader indices show mixed performance, with the Nifty Mid-Cap experiencing moderate gains of 0.36 per cent, while the Nifty Small-Cap has surged by 1.12 per cent.
Market volatility, as indicated by the India VIX, is slightly lower by 0.40 per cent, suggesting a slight decrease in market volatility.
In terms of sectors, Nifty Media, Nifty Auto, and Nifty Energy are leading the gains, while Nifty IT, Nifty PSU Bank, and Nifty Bank are among the Top Losers.
Despite the mixed performance in sectors and individual stocks, the broader market sentiment remains positive, with 2,372 stocks advancing compared to 1,175 stocks declining.
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Following is the list of Penny Stock that got locked in the upper circuit on April 16, 2024:
|
Company Name
|
LTP / Close
|
Circuit Limit %
|
|
Wagend Infra Venture Ltd
|
1.39
|
19.83
|
|
Gopal Iron And Steels Company Gujarat Ltd
|
8.24
|
9.99
|
|
Lypsa Gems & Jewellery Ltd
|
6.77
|
9.9
|
|
Perfect-Octave Media Projects Ltd
|
2.73
|
5
|
|
Sab Events & Governance Now Media Ltd
|
7.14
|
5
|
|
IEL Ltd
|
7.79
|
4.99
|
|
Patron Exim Ltd
|
8.83
|
4.99
|
|
Rama Petrochemicals Ltd
|
6.33
|
4.98
|
|
Mahesh Developers Ltd
|
8.89
|
4.96
|
|
Ashiana Agro Industries Ltd
|
9.76
|
4.95
|
Investors should keep an eye on these Penny Stocks.
Disclaimer: The article is for informational purposes only and not investment advice.