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Watch out for these penny stocks locked in the upper circuit on January 18
Vaishnavi Chauhan

Watch out for these penny stocks locked in the upper circuit on January 18

Sensex experiencing a decline of 0.39 per cent, and the Nifty trading moderately lower by 0.30 per cent

Market at 11:15 AM, In the ongoing trading session, benchmark indices are trading on a lower trajectory, with the Sensex experiencing a decline of 0.39 per cent, and the Nifty trading moderately lower by 0.30 per cent. Furthermore, NIFTY Bank plunged 0.08 per cent and FINNIFTY following the trail is down by 0.35 per cent.

Similarly, Nifty Mid-Cap has seen a moderate tumbled by 0.74 per cent, while Nifty Small-Cap has also witnessed a decline of 0.28 per cent.

India VIX is currently trading marginally lower by 1.06 per cent, suggesting a slight decrease in market volatility.

Nifty PSU Bank stands out as the only major sector trading positively, while Nifty Media, Nifty Metal, and Nifty Energy are among the Top Losers.

Leading the gainers are Tech Mahindra, Axis Bank, and Sun Pharma, whereas LTIMindtree, Asian Paints, and NTPC are prominent among the top losing stocks in the Nifty 50.

With 1,444 stocks advancing compared to 2,175 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 18, 2024:

Company Name

LTP / Close

Circuit Limit %

Viji Finance Ltd

2.52

5

Padmanabh Industries Ltd

4.2

5

Ramgopal Polytex  Ltd

6.32

4.98

Impex Ferro Tech Ltd

6.53

4.98

Orchasp Ltd

4.01

4.97

Tarapur Transformers Ltd

6.76

4.97

ARC Finance Ltd

1.06

4.95

Gujarat Lease Financing Ltd

8.05

4.95

Suvidha Infraestate Corporation Ltd

9.97

4.95

Jayabharat Credit  Ltd

6.61

4.92

 

 

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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