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Watch out for these penny stocks locked in the upper circuit on March 09
Kaustubh Bhosale

Watch out for these penny stocks locked in the upper circuit on March 09

The benchmarks for Indian equities, the Sensex and Nifty50, plunged in choppy trade on Thursday.

The benchmarks for Indian equities, the Sensex and Nifty50, plunged in choppy trade on Thursday, following negative cues from global markets as Fed Chair Jerome Powell maintained a hawkish tone despite evidence of a robust US economy. 

  

At 10:48 am, the benchmark BSE Sensex trades at 60,134 levels with noticeable loss of 213 points. The S&P BSE Mid-Cap is trading flat in green up by 28 point and is currently trading at a level of 24,947, whereas, the Small-Cap index rose by 64 points to trade at a level of 28,237 points. 

  

While the broader NSE index NIFTY50 fell by 61 points, to 17,693 levels, the Bank Nifty is currently trading at a level of 41,528 falling by 48 points. 

  

On March 08, the foreign portfolio investors (FPIs) turned out the net buyers of shares worth Rs 3,671.56 crore and the domestic institutional investors (DIIs) turned out the net sellers of shares worth 937.80 crore. 

  

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

  

Stock Name 

LTP 

Circuit Limit % 

Indian Infotech & Software 

1.5 

9.49 

Bkm Industries 

1.05 

Aneri Fincap 

4.41 

Riga Sugar Company

6.51 

Franklin Industries 

9.87 

Oscar Global 

6.35 

4.96 

Vertex Securities 

1.91 

4.95 

Birla Tyres 

5.09 

4.95 

Nb Footwear 

4.04 

4.94 

Mahalaxmi Seamless 

7.43 

4.94 

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