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

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

The BSE Sensex index jumped by 155 points and is trading at a level of 55,567.20.

The benchmark indices retreated from early losses and trading in the positive. Metals and pharma stocks were in demand. The BSE Sensex index jumped by 155 points and is trading at a level of 55,567.20. BSE MidCap is trading at 23,217.05 up by 10 points. Similarly, the BSE SmallCap index is up by 155 points and stands at the level of 27,053.94. The gaining stocks on BSE Sensex are Sun Pharmaceuticals (2.36 per cent), Dr Reddy's Laboratories (1.48 per cent), and Bajaj Finserv (1.11 per cent). 

  

The Nifty 50 index gained 29 points and is at 16,624.30 levels. Also, the Bank Nifty has grown by 75 points and trades at 34,549.95 levels. The major contributors of Nifty 50 are Cipla (3.40 per cent), JSW Steel (2.24 per cent), and Coal India (1.76 per cent).  

 

The MCX Gold future for April 05, 2022, is trading flat at Rs 52,863, dollar rate is at Rs 76.40. Yesterday the Foreign investor (FII) net outflow of Rs 1981.15 crore and Domestic Investors (DII) inflow of Rs 945.71 crore was recorded. The price of crude oil is USD 106. In other developments, the US Federal Reserve hinted that it would hike key interest rates at the end of next week's monetary policy meeting to prevent the economy from overinflation.  

 

Following is the list of penny stocks locked in the upper circuit today. Keep a close eye on these counters for the upcoming sessions.   

 

Sr No 

Stock Name  

LTP  

Price gain (%) 

SITI Networks  

3.3 

4.76 

HDIL  

5.9 

4.42 

FCS Software  

3.9 

Visagar Polytex  

1.8 

2.86 

Goenka Diamond 

3.6 

4.35 

Sanwaria Consumer  

1.25 

4.17 

Antartica Ltd  

1.6 

3.23 

Consol Construction 

2.8 

3.7 

Sundaram Multi  

4.2 

10 

Ankit Metal Pwr 

8.7 

4.82 

 

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