Watch out for these penny stocks locked in the upper circuit on August 04

The Sensex and Nifty have both recorded gains, rising by 0.44 per cent and 0.5 per cent, respectively.

Pre-market scenario, On Thursday night, there was a slight uptick in Nasdaq 100 futures as investors carefully examined earnings reports from major technology companies in anticipation of a significant employment report scheduled for Friday morning. Futures linked to the technology-focused index saw an increase of around 0.2 per cent, mirroring a similar gain in S&P 500 futures. Additionally, Dow Jones Industrial Average futures also experienced a climb, showing a 0.07 per cent rise.

At 09:30 AM, The Sensex and Nifty have both recorded gains, rising by 0.44 per cent and 0.5 per cent, respectively.

In the midcap segment, Nifty Mid-Cap also traded higher, showing a gain of 0.67 per cent, while Nifty Small-Cap registered a higher gain of 0.7 per cent.

India VIX, a measure of market volatility, has seen a significant drop of 2.32 per cent, indicating a decrease in market uncertainty.

Among the Top Gainers, Nifty Pharma, Nifty Metal, and Nifty IT sectors performed well, while there are no major sectors currently underperforming.

From the Nifty 50 index, Cipla, Hindalco, and SBI Life are among the top gainers, while Power Grid, Sun Pharma, and Bajaj Auto are among the Top Losers.

The overall market sentiment seems positive, as approximately 1532 stocks are advancing compared to 332 stocks that are declining in the broader market.

On August 3, foreign institutional investors (FII) offloaded shares worth Rs 317.46 crore, while domestic institutional investors (DII) bought shares worth Rs 1,729.19 crore.

Following is the list of Penny Stock that got locked in the upper circuit on August 04, 2023:

Investors should keep an eye on these Penny Stocks.

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