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Watch out for these Penny Stocks locked in the upper circuit on May 28
Vaishnavi Chauhan

Watch out for these Penny Stocks locked in the upper circuit on May 28

Sensex is up by 0.06 per cent, while the Nifty has risen by 0.13 per cent.

Market at 11:50 AM, In the current trading session, benchmark indices are showing slight gains. The Sensex is up by 0.06 per cent, while the Nifty has risen by 0.13 per cent. Furthermore, NIFTY Bank plunged by 0.12 per cent and FINNIFTY is up by 0.05 per cent.

However, broader indices are facing losses: the Nifty Mid-Cap is down by 0.48 per cent, and the Nifty Small-Cap has declined by 0.13 per cent.

Furthermore, market volatility is on the rise, with the India VIX increasing by 3.51 per cent.

Sector-wise, Nifty Pharma, Nifty Metal, and Nifty Auto are performing well, whereas Nifty Realty, Nifty Energy, and Nifty PSU Bank are among the Top Losers.

Overall market sentiment is negative, with 1,317 stocks advancing while 2,352 stocks are 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 28, 2024:

Company Name

LTP / Close

Circuit Limit %

PMC Fincorp Ltd

3.99

19.82

Future Enterprises Ltd

5.25

5

NB Footwear Ltd

6.3

5

Scintilla Commercial & Credit Ltd

5.05

4.99

Gala Global Products Ltd

4.22

4.98

Spectra Industries Ltd

4.64

4.98

Cubical Financial Services Ltd

1.9

4.97

Otco International Ltd

6.98

4.96

Franklin Industries Ltd

8.26

4.96

Swadha Nature Ltd

9.52

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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