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Watch out for these penny stocks locked in the upper circuit on November 17
Vaishnavi Chauhan
/ Categories: Trending, Mindshare

Watch out for these penny stocks locked in the upper circuit on November 17

Sensex is witnessing a marginal decline of 0.09 per cent, while Nifty is marginally up by 0.01 per cent.

Market at 12:55 PM, In the ongoing trading session, the Sensex is witnessing a marginal decline of 0.09 per cent, while Nifty is marginally up by 0.01 per cent. FurthermoreBANK NIFTY declined 1.03 per cent and FINNIFTY plunged by 0.67 per cent.

Conversely, Nifty Mid-Cap is on an upward trajectory with a 0.27 per cent increase, and Nifty Small-Cap is displaying a more pronounced positive trend with a 0.62 per cent rise.

India VIX has seen a notable 3.65 per cent surge, signaling an increase in market volatility.

Sector-wise dynamics reveal Nifty Media, Nifty FMCG, and Nifty Pharma as standout gainers, while Nifty PSU Bank, Nifty Bank, and Nifty Financial Services grapple with losses.

In terms of individual stocks, SBI Life, HDFC Life, and Apollo Hospitals lead the gainers, displaying significant positive movements. Conversely, SBI, Axis Bank, and ONGC find themselves among the prominent losers within the Nifty 50.

Despite the mixed trends, the broader market sentiment remains optimistic, with approximately 2086 advancing stocks compared to 1548 declining ones, indicating a positive trend 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 17, 2023:

Company Name

LTP / Close

Circuit Limit %

SAL Steel Ltd

19.62

20

Ge Power India Ltd

211.35

19.98

SSPDL Ltd

19.83

19.96

Shri Krishna Devcon Ltd

41.15

10

IFGL Refractories Ltd

756.55

10

Modern Steel Ltd

34.14

9.99

Williamson Magor and Co Ltd

32.49

9.99

Jayant Infratech Ltd

129.42

9.99

Jet infraventure Ltd

9.37

9.98

Shardul Securities Ltd

144.55

9.97

 

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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