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Watch out for these Penny Stocks locked in the upper circuit on May 23
Vaishnavi Chauhan

Watch out for these Penny Stocks locked in the upper circuit on May 23

Sensex up by 0.69 per cent and the Nifty rising by 0.68 per cent.

Market at 11:50 AM, In the current trading session, benchmark indices are showing gains, with the Sensex up by 0.69 per cent and the Nifty rising by 0.68 per cent. Furthermore, NIFTY Bank soared by 1.34 per cent and FINNIFTY is up by 1.11 per cent.

The broader indices are also performing well, with the Nifty Mid-Cap up by 0.48 per cent and the Nifty Smallcap increasing by 0.36 per cent. Additionally, India VIX has slightly decreased by 0.89 per cent, indicating continued market volatility.

Sector-wise, Nifty PSU Bank, Nifty Bank, and Nifty IT are trading positively, while Nifty Metal, Nifty Pharma, and Nifty Media are the Top Losers.

Overall market sentiment is positive, with 1,870 stocks advancing compared to 1,822 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 23, 2024:

Company Name

LTP / Close

Circuit Limit %

Devine Impex Ltd

7.77

5

Patron Exim Ltd

9.24

5

Saptak Chem And Business Ltd

3.58

4.99

Franklin Industries Ltd

7.15

4.99

Baroda Extrusion Ltd

5.69

4.98

McNally Bharat Engg Co Ltd

5.49

4.97

Radaan Media Works India Ltd

2.54

4.96

Arshiya Ltd

5.93

4.96

Shangar Décor Ltd

6.35

4.96

KOBO Biotech Ltd

4.67

4.94

 

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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