Watch out for these penny stocks locked in the upper circuit on November 07
Sensex and Nifty kicked off the trading day with slight losses, seeing a decline of 0.29 per cent and 0.25 per cent, respectively.
Market at 10:15 AM, On Tuesday, the Sensex and Nifty kicked off the trading day with slight losses, seeing a decline of 0.29 per cent and 0.25 per cent, respectively. Furthermore, BANK NIFTY plunged 0.37 per cent and FINNIFTY dropped by 0.31 per cent.
In contrast, the Nifty Midcap started the day with a modest uptick of 0.2 per cent, and the Nifty Smallcap showed a stronger opening, gaining 0.18 per cent.
India VIX, which measures market volatility, experienced a minor increase of 1.51 per cent, suggesting a slight uptick in market turbulence.
Notable performers among sectors included Nifty Pharma, Nifty IT, and Nifty Energy, which showed gains, while Nifty Realty, Nifty Bank, and Nifty Media faced losses.
Among individual stocks, Bajaj Finserv, BPCL, and Bajaj Finance led the list of gainers, while Divi's Laboratories, Power Grid, and ICICI Bank saw declines within the Nifty 50.
Market sentiment remained positive, with around 1,700 stocks advancing compared to 1,264 stocks declining, reflecting an overall optimistic outlook in the broader market.
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 November 07, 2023:
Security Name
|
LTP / Close
|
Circuit Limit %
|
Ekam Leasing and Finance Ltd
|
5.26
|
4.99
|
Amit International Ltds
|
3.37
|
4.98
|
Zenith Steel Pipes & Industries Ltd
|
6.34
|
4.97
|
IEL Ltd
|
8.45
|
4.97
|
Prag Bosimi Synthetics Ltd
|
2.75
|
4.96
|
Integrated Capital Services Ltd
|
4.87
|
4.96
|
Unitech Ltd
|
2.97
|
4.95
|
Cinerad Communications Ltd
|
6.78
|
4.95
|
Jhandewalas Foods Ltd
|
7.21
|
4.95
|
Transgene Biotek Ltd
|
4.89
|
4.94
|
Investors should keep an eye on these Penny Stocks.
Disclaimer: The article is for informational purposes only and not investment advice.