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Watch out for these Penny Stocks locked in the upper circuit on May 17
Vaishnavi Chauhan

Watch out for these Penny Stocks locked in the upper circuit on May 17

Sensex trading moderately higher by 0.36 per cent, while Nifty gained by 0.28 per cent.

Market at 11:20 AM, In the ongoing trading session, Benchmark indices are trading on a higher note with Sensex trading moderately higher by 0.36 per cent, while Nifty gained by 0.28 per cent. Furthermore, NIFTY Bank soared by 0.25 per cent and FINNIFTY is zoomed by 0.22 per cent.

Similarly, in the broader indices, Nifty Mid-Cap has experienced moderate gains of 0.54 per cent, while Nifty Small-Cap has surged by 0.95 per cent.

India VIX is trading slightly lower by 0.86 per cent and is trading above the mark of 19, indicating heightened market volatility.

Nifty Auto, Nifty Metal, and Nifty Realty are trading positively while Nifty IT, Nifty Pharma, and Nifty FMCG are among the Top Losers.

The broader market sentiment is positive, with 2,348 stocks advancing compared to 1,210 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 17, 2024:

Company Name

LTP / Close

Circuit Limit %

Leading Leasing Finance and Inv Co Ltd

4.01

9.86

Shahi Shipping Ltd

9.46

4.99

Franklin Industries Ltd

5.9

4.98

Gayatri Projects Ltd

6.32

4.98

National Plywood Industries Ltd

5.07

4.97

Beeyu Overseas Ltd

6.76

4.97

Sylph Technologies Ltd

2.53

4.96

ACI Infocom Ltd

2.54

4.96

DCM Financial Services Ltd

5.29

4.96

Kush Industries Ltd

8.02

4.96

 

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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