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Watch out for these penny stocks locked in the upper circuit on December 11
Vaishnavi Chauhan

Watch out for these penny stocks locked in the upper circuit on December 11

Sensex rallied by 0.16 per cent and the Nifty witnessed a marginally upswing by 0.08 per cent.

Market at 09:50 AM, In recent market development, the Sensex rallied by 0.16 per cent and the Nifty witnessed a marginally upswing by 0.08 per cent. Furthermore, NIFTY Bank zoomed by 0.25 per cent and FINNIFTY following the trail is up by 0.04 per cent.

Nifty Mid-Cap mirrored the positive sentiment, marking a 0.17 per cent surge, while Nifty Small-Cap showed a substantial rise of 0.58 per cent.

Market volatility, reflected by India VIX, experienced a 4.39 per cent surge, indicating an uptick in market fluctuations.

Among sectors, Nifty PSU Bank, Nifty Media, and Nifty Realty emerged as the Top Gainers, while Nifty Pharma and Nifty Auto faced declines.

In terms of stock performance, ONGC, Coal India, and Adani Enterprises led the gainers, whereas Dr Reddy’s Laboratories, Asian Paints, and Cipla faced losses within the Nifty 50.

As the trading session unfolded, the market sentiment appeared positive, with 2208 stocks advancing compared to 963 stocks declining, suggesting a prevailing optimism 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 December 11, 2023:

Company Name

LTP / Close

Circuit Limit %

FCS Software Solutions Ltd

4.57

19.95

B.A.G. Films and Media Ltd

8.42

19.94

India Steel Works Ltd

2.97

10

Arshiya Ltd

6.07

9.96

Trio Mercantile and Trading Ltd

1.11

9.9

LCC Infotech Ltd

2.5

9.65

Indian Infotech and Software Ltd

2.18

9.55

Gala Global Products Ltd

3.99

5

Ashram Online.Com Ltd

5.25

5

Milestone Furniture Ltd

5.88

5

 

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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