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Watch out for these penny stocks locked in the upper circuit on January 08
Vaishnavi Chauhan

Watch out for these penny stocks locked in the upper circuit on January 08

The Sensex decreasing by 0.32 per cent, and the Nifty also trading lower by 0.34 per cent

Market at 11:40 AM, In the ongoing trading session, the key benchmark indices are experiencing a moderate decline, with the Sensex decreasing by 0.32 per cent, and the Nifty also trading lower by 0.34 per cent. Furthermore, NIFTY Bank plunged 0.58 per cent and FINNIFTY following the trail is down by 0.23 per cent.

Additionally, Nifty Mid-Cap has seen a significant drop of 0.72 per cent, while Nifty Small-Cap has also declined notably by 0.51 per cent.

India VIX is currently showing a higher value, up by 5.42 per cent, indicating an increase in market volatility.

Among the Top Gainers are Nifty Realty, Nifty Energy, and Nifty Auto, while Nifty FMCG, Nifty PSU Bank, and Nifty IT are among the Top Losers.

Adani Ports, ONGC, and Hero Motocorp have emerged as the top gainers, while Divi’s Laboratories, UPL, and Tata Consumer are among the leading losers in the Nifty 50.

In terms of market sentiment, approximately 1,925 stocks are advancing compared to 1,886 stocks declining, suggesting a negative outlook 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 January 08, 2023:

Company Name

LTP / Close

Circuit Limit %

Sharanam Infraproject and Trading  Ltd

1.32

20

Spine Traders Ltd

6.38

19.92

Fone4 Communications (India) Ltd

6.99

19.9

BCL Enterprises Ltd

1.39

19.83

Wagend Infra Venture Ltd

1.23

19.42

Goyal Associates Ltd

2.46

9.82

KBC Global Ltd

2.49

9.69

Johnson Pharmacare Ltd

1.15

9.52

Panafic Industrials Ltd

1.29

9.32

Goenka Diamond and Jewels Ltd

1.05

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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