Watch out for these penny stocks locked in the upper circuit on November 10
Sensex and Nifty, initiated the trading session on a downward trend, experiencing declines of 0.26 per cent and 0.29 per cent, respectively.
Market at 10:20 AM, On Friday, India's benchmark indices, the Sensex and Nifty, initiated the trading session on a downward trend, experiencing declines of 0.26 per cent and 0.29 per cent, respectively. Furthermore, BANK NIFTY plunged 0.22 per cent and FINNIFTY dipped by 0.15 per cent.
Concurrently, Nifty Mid-Cap and Nifty Small-Cap also registered a decrease in their opening values, with a dip of 0.24 per cent and 0.11 per cent, respectively.
India VIX, an indicator of market volatility, observed a slight uptick of 0.93 per cent, signaling an increase in market uncertainty.
Sectoral performance exhibited distinct trends, with Nifty Realty and Nifty Energy emerging as the top gaining sectors. Conversely, Nifty Auto, Nifty Pharma, and Nifty FMCG were among the leading losers.
In terms of individual stock movements, Adani Ports, Adani Enterprises, and Power Grid led the gainers, while Titan, M&M, and Eicher Motors faced declines within the Nifty 50 index.
Despite the mixed performance in individual sectors, the broader market sentiment remained positive, with 1724 advancing stocks compared to 1566 declining stocks, highlighting a nuanced 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 10, 2023:
Company Name
|
LTP / Close
|
Circuit Limit %
|
Sintex Plastics Technology Ltd
|
1.47
|
5
|
Purple Entertainment Ltd
|
3.79
|
4.99
|
USG Tech Solutions Ltd
|
6.73
|
4.99
|
Vallabh Steels Ltd
|
7.79
|
4.99
|
GVK Power & Infrastructure Ltd
|
9.67
|
4.99
|
Elcid Investments Ltd
|
3.37
|
4.98
|
Hypersoft Technologies Ltd
|
9.93
|
4.97
|
Millennium Online Solutions India Ltd
|
2.12
|
4.95
|
DSJ Keep Learning Ltd
|
3.61
|
4.94
|
IEL Ltd
|
9.77
|
4.94
|
Investors should keep an eye on these Penny Stocks.
Disclaimer: The article is for informational purposes only and not investment advice.