Watch out for these penny stocks locked in the upper circuit on November 03

Sensex and Nifty are displaying resilience, posting gains of 0.63 per cent and 0.71 per cent, respectively

Market at 11:35 AM, In the latest market updates, the Sensex and Nifty are displaying resilience, posting gains of 0.63 per cent and 0.71 per cent, respectively. Furthermore, BANK NIFTY soared 0.77 per cent and FINNIFTY witnessed an upswing of 0.69 per cent.

What's even more noteworthy is the robust performance of the Nifty Mid-Cap and Nifty Small-Cap segments, both trading significantly higher with increases of 0.79 per cent and 1.2 per cent, respectively.

Moreover, there's been a 3.52 per cent drop in the India VIX, signifying reduced market turbulence.

In terms of sectors, Nifty Media, Nifty Realty, and Nifty PSU Bank are enjoying notable gains, while no major sectors are underperforming as of now.

Taking a closer look at individual stocks, leaders in the gainers' category include Apollo Hospitals, Tata Motors, and Eicher Motors. Meanwhile, among the top decliners within the Nifty 50, we find Dr. Reddy’s Laboratories, SBI Life, and NTPC.

The broader market sentiment continues to exude positivity, with approximately 2017 stocks advancing, clearly outweighing the 1048 stocks in decline. This paints an overall optimistic picture for the broader market.

Following is the list of Penny Stock that got locked in the upper circuit on November 03, 2023:

Investors should keep an eye on these Penny Stocks.

Disclaimer: The article is for informational purposes only and not investment advice.