Watch out for these penny stocks locked in the upper circuit on August 28
Benchmark indices exhibited a positive trend as both the Sensex and Nifty indices recorded gains of 0.24 per cent and 0.26 per cent, respectively.
Market at 12:05 PM, Benchmark indices exhibited a positive trend as both the Sensex and Nifty indices recorded gains of 0.24 per cent and 0.26 per cent, respectively.
This upward movement was mirrored in the Nifty Mid-Cap, which saw a rise of 0.42 per cent, and the Nifty Small-Cap, surging by 0.7 per cent.
However, this market momentum coincided with a 2.24 per cent increase in the India VIX, indicating heightened volatility.
Notable sectors that gained ground included Nifty Realty, Nifty Pharma, and Nifty Auto, while Nifty IT showed underperformance.
Jio Financial Services, Cipla, and BPCL were among the leaders in terms of gains, whereas Adani Enterprises, Bajaj Finance, and Bajaj Finserv faced losses within the Nifty 50 components.
Market breadth displayed a favorable outlook, with around 2103 advancing stocks compared to 1442 declining ones, reflecting an overall positive sentiment in the broader market.
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Following is the list of Penny Stock that got locked in the upper circuit on August 28, 2023:
|
Company Name
|
LTP / Close
|
Circuit Limit %
|
|
MFL India Ltd
|
0.78
|
20
|
|
Vallabh Steels Ltd
|
5.67
|
5
|
|
Epsom Properties Ltd
|
5.88
|
5
|
|
K L G Capital Services Ltd
|
6.72
|
5
|
|
Konndor Industries Ltd
|
6.93
|
5
|
|
Nagarjuna Fertilizers and Chemicals Ltd
|
8.82
|
5
|
|
Polo Hotels Ltd
|
8.84
|
4.99
|
|
Veerkrupa Jewellers Ltd
|
2.53
|
4.98
|
|
Olympic Cards Ltd
|
2.74
|
4.98
|
|
ANS Industries Ltd
|
6.74
|
4.98
|
Investors should keep an eye on these Penny Stocks.
Disclaimer: The article is for informational purposes only and not investment advice.