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Watch out for these penny stocks locked in the upper circuit on January 17
Vaishnavi Chauhan

Watch out for these penny stocks locked in the upper circuit on January 17

Sensex experiencing a dip of 0.06 per cent, and the Nifty is slightly down by 0.07 per cent

Market at 11:55 AM, In the ongoing trading session, benchmark indices are showing marginal decline, with the Sensex experiencing a dip of 0.06 per cent, and the Nifty is slightly down by 0.07 per cent.  Furthermore, NIFTY Bank plunged 3.62 per cent and FINNIFTY following the trail is down by 3.52 per cent.

In the ongoing trading session, benchmark indices are on a downward trend, with Sensex trading substantially lower by 1.70 per cent, and Nifty also witnessing a significant decline of 1.59 per cent. Furthermore, NIFTY Bank plunged 3.62 per cent and FINNIFTY following the trail is down by 3.52 per cent.

Similarly, Nifty Mid-Cap has moderately dipped by 0.43 per cent, and Nifty Small-Cap has also seen a notable drop of 0.55 per cent.

India VIX is currently trading marginally higher by 3.76 per cent, indicating a slight increase in market volatility.

Top Gainers include Nifty Media, Nifty IT, and Nifty Energy, while Nifty Bank, Nifty Financial Services, and Nifty Metal are among the Top Losers.

HCL Technologies, L&T, and Power Grid are leading the gainers, while HDFC Bank, Kotak Bank, and ICICI Bank are prominent among the top losing stocks in the Nifty 50.

With 1,213 stocks advancing compared to 2,459 stocks declining, there is a prevailing negative 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 January 17, 2023:

Company Name

LTP / Close

Circuit Limit %

Kmf Builders And Developers Ltd

7.16

9.98

Vision Cinemas Ltd

1.47

5

Padmanabh Industries Ltd

4.41

5

Picturehouse Media Ltd

6.1

4.99

Chandrima Mercantiles Ltd

7.37

4.99

Shangar Decor Ltd

5.69

4.98

Kanungo Financiers Ltd

6.74

4.98

Shyama Infosys Ltd

2.75

4.96

Jauss Polymers Ltd

8.25

4.96

Orchasp Ltd

3.82

4.95

 

 

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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