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Watch out for these penny stocks locked in the upper circuit on January 11
Kaustubh Bhosale

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

While buying activity was observed in the shares of the IT, finance and metal industries, selling pressure was seen in the oil and gas sectors.

S&P BSE Sensex and NSE Nifty, two leading indices in India, increased their losses. While buying activity was observed in the shares of the IT, finance and metal industries, selling pressure was seen in the oil and gas sectors. 

  

The barometer index, the S&P BSE Sensex, slipped by 40 points at 11:25 IST and is currently trading at a level of 60,075. The S&P BSE Mid-Cap has also dropped by 61 points, trading at a level of 25,213 at the moment. The Small-Cap index on the other hand is up by 85 points, trading at 28,880 levels. 

  

The Nifty 50 index also witnessed a fall of 20 points, trading at 17,893 levels. On the contrary Bank Nifty is currently trading at a level of 42,083 with a slight gain of 68 points. 

  

On January 10, the foreign portfolio investors (FPIs) turned out to be the net sellers of shares worth 2,109.34 crore, while the domestic institutional investors (DIIs) were the net buyers of shares worth 1,806.62 crore. 

  

Following is the list of Penny Stocks that got locked in the upper circuit on Wednesday. Keep a close eye on these counters for the upcoming sessions: 

  

Stock Name 

LTP 

Circuit Limit % 

Gem Spinners India 

4.86 

4.97 

EL FORGE 

9.5 

4.97 

VCU Data Management 

9.73 

4.96 

BKV Industries 

9.75 

4.95 

KBC Global 

3.2 

4.92 

Rainbow Denim 

3.42 

4.91 

Promact Impex 

3.63 

4.91 

Agio Paper And Industries 

5.56 

4.91 

Virgo Global 

9.19 

4.91 

Sudal Industries 

8.79 

4.89 

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