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Watch out for these Penny Stocks locked in the upper circuit on May 06
Vaishnavi Chauhan

Watch out for these Penny Stocks locked in the upper circuit on May 06

Sensex has risen by 0.24 per cent, and the Nifty has gained by 0.06 per cent.

Market at 11:55 PM, In the ongoing trading session, benchmark indices are showing positive momentum. The Sensex has risen by 0.24 per cent, and the Nifty has gained by 0.06 per cent. Furthermore, NIFTY Bank soared 0.24 per cent and FINNIFTY is up by 0.07 per cent.

However, in the broader indices, Nifty Mid-Cap has seen a moderate decline of 0.34 per cent, and Nifty Small-Cap has experienced a substantial decline of 0.78 per cent.

India VIX, a measure of market volatility, has increased by 10.55 per cent, signaling heightened market uncertainty.

Nifty Realty, Nifty IT, and Nifty FMCG are leading the gainers, while Nifty PSU Bank, Nifty Media, and Nifty Energy are among the Top Losers.

The broader market sentiment remains negative, with 1,291 stocks advancing compared to 2,452 stocks 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 May 06, 2024:

Company Name

LTP / Close

Circuit Limit %

Savani Financials Ltd

3.55

39.76

Ramgopal Polytex Ltd

5.5

10

Future Consumer Ltd

1.04

5

Rajeswari Infrastructure Ltd

3.99

5

Beeyu Overseas Ltd

4.41

5

VB Industries Ltd

7.37

4.99

TCI Finance Ltd

6.33

4.98

Aravali Securities and Finance Ltd

7.81

4.97

Hypersoft Technologies Ltd

9.5

4.97

Sab Events & Governance Now Media Ltd

9.72

4.97

 

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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