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Watch out for these penny stocks locked in the upper circuit on December 20
Vaishnavi Chauhan

Watch out for these penny stocks locked in the upper circuit on December 20

The Sensex rallied 0.41 percent, reaching 71,733.15, while the Nifty zoomed by 0.44 percent, trading at 21,548.10 level.

Market at 10:40 AM, In recent market development, the Sensex rallied 0.41 per cent, reaching a new all-time high of 71,733.15. Similarly, the Nifty zoomed by 0.44 per cent, hitting its new all-time high of 21,548.10.

Furthermore, NIFTY Bank soared 0.22 per cent and FINNIFTY following the trail is up by 0.24 per cent.

The Nifty Mid-Cap and Nifty Small-Cap also opened on a higher note, surging by 0.69 per cent and 0.84 per cent, respectively.

India VIX has marginally surged by 1.37 per cent, indicating a slight increase in market volatility.

The top gaining sectors include Nifty IT, Nifty Energy, and Nifty Media, while there are currently no major underperforming sectors.

Eicher Motors, LTIMindtree, and TCS are among the Top Gainers, while M&M, Sun Pharma, and Nestle India are among the top losing stocks from the Nifty 50.

About 2247 stocks are advancing, compared to 1280 stocks that are declining, indicating a positive sentiment 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 20, 2023:

Company Name

LTP / Close

Circuit Limit %

Prakash Steelage Ltd

8.47

10

Omni Axs Software Ltd

4.32

9.92

Lypsa Gems & Jewellery Ltd

7.78

9.89

Alstone Textiles (India) Ltd

0.92

9.52

Sun Retail Ltd

0.84

5

GACM Technologies Ltd

1.47

5

Jai Mata Glass Ltd

1.68

5

Radaan Media Works India Ltd

1.68

5

Radhagobind Commercial Ltd

2.52

5

Arshiya Ltd

8.4

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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