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Watch out for these penny stocks locked in the upper circuit on January 24
Vaishnavi Chauhan

Watch out for these penny stocks locked in the upper circuit on January 24

Sensex moderately increasing by 0.22 per cent and Nifty also making moderate gains of 0.25 per cent

Market at 11:45 AM, In the ongoing trading session, benchmark indices are trading on a positive note, with the Sensex moderately increasing by 0.22 per cent and Nifty also making moderate gains of 0.25 per cent. Furthermore, NIFTY Bank plunged 0.13 per cent and FINNIFTY following the trail is down by 0.03 per cent.

The Nifty Mid-Cap has seen a substantial gain of 1.05 per cent, while Nifty Small-Cap has also experienced a surge of 0.48 per cent.

India VIX is marginally down by 0.64 per cent, suggesting a slight reduction in market volatility.

Noteworthy gainers include Nifty Metal, Nifty PSU Bank, and Nifty FMCG, while Nifty Realty is the only major sector currently underperforming.

Top Gainers among individual stocks are Hindalco, Dr Reddy’s Laboratories, and SBIN, whereas Axis Bank, Asian Paints, and Hero Motocorp are among the leading losers in the Nifty 50.

The broader market sentiment remains positive, with 2,009 stocks advancing compared to 1,652 declining.

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 24, 2024:

Company Name

LTP / Close

Circuit Limit %

Nyssa Corporation Ltd

8.14

19.88

Minaxi Textiles Ltd

3.45

19.79

UTL Industries Ltd

2.31

5

JainCo Projects (India) Ltd

5.25

5

G K Consultants Ltd

9.03

5

GCM Commodity & Derivatives Ltd

5.68

4.99

Orchasp Ltd

4.64

4.98

Kabra Drugs Ltd

6.53

4.98

Natura Hue Chem Ltd

9.49

4.98

Aneri Fincap Ltd

6.55

4.97

 

 

Investors should keep an eye on these Penny Stocks.

 

 

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