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Watch out for these penny stocks locked in the upper circuit on December 14
Vaishnavi Chauhan

Watch out for these penny stocks locked in the upper circuit on December 14

Sensex has experienced a notable surge of 1.24 per cent, reaching a new all-time high at 70,540. Simultaneously, the Nifty has also seen a significant increase of 1.15 per cent, establishing a record high at 21,189.55

Market at 11:30 AM, In the ongoing trading session, the Sensex has experienced a notable surge of 1.24 per cent, reaching a new all-time high at 70,540. Simultaneously, the Nifty has also seen a significant increase of 1.15 per cent, establishing a record high at 21,189.55. Furthermore, NIFTY Bank soared 1.47 per cent and FINNIFTY following the trail is up by 1.42 per cent.

The Nifty Midcap is trading higher by 0.89 per cent, and the Nifty Small-Cap has surged by 1.12 per cent.

The India VIX has witnessed a marginal increase of 0.27 per cent, suggesting a slight uptick in market volatility.

Leading the gainers are Nifty IT, Nifty Realty, and Nifty Bank, while currently, no major sectors are underperforming.

Top Gainers in individual stocks include LTIMindtree, Bajaj Finance, and HCL Technologies, whereas HDFC Life, Power Grid, and Cipla are among the top losing stocks in the Nifty 50.

In terms of market breadth, approximately 2248 stocks are advancing, outnumbering the 1353 stocks that are declining. This indicates a positive sentiment prevailing 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 14, 2023:

Company Name

LTP / Close

Circuit Limit %

East West Holdings Ltd

9.61

19.98

Smiths & Founders (India) Ltd

4.93

19.95

Kashyap Tele Medicines Ltd

2.55

9.91

Sawaca Business Machines Ltd

1.24

9.73

Biogen Pharmachem Industries Ltd

1.47

9.7

Precision Containeurs Ltd

1.89

5

Agio Paper And Industries Ltd

3.99

5

Diligent Media Corporation Ltd

4.64

4.98

Danube Industries Ltd

8.85

4.98

India Steel Works Ltd

3.59

4.97

 

 

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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