Watch out for these penny stocks locked in the upper circuit on November 20

Sensex and Nifty find themselves in negative territory, with declines of 0.22 per cent and 0.27 per cent, respectively.

Market at 12:45 PM, In the current trading session, both the Sensex and Nifty find themselves in negative territory, with declines of 0.22 per cent and 0.27 per cent, respectively. Furthermore, BANK NIFTY soared 0.07 per cent and FINNIFTY plunged by 0.09 per cent.

However, there's a glimmer of positivity as Nifty Midcap is showing a modest uptick of 0.08 per cent, and Nifty Smallcap is on the rise, up by 0.1 per cent.

The uptick in India VIX by 3.36 per cent points to an increase in market volatility, adding to the overall uncertainty in the trading environment.

Examining specific sectors, Nifty IT, Nifty PSU Bank, and Nifty Bank stand out as Top Gainers, offering some resilience amid the broader downtrend. In contrast, Nifty Auto, Nifty Media, and Nifty FMCG are among the Top Losers.

Among individual stocks, Divi’s Laboratories, Wipro, and HCL Technologies lead the gainers, demonstrating strength in the face of current market conditions. Conversely, M&M, SBI Life, and Bajaj Finance find themselves among the top losers within the Nifty 50.

Zooming out to the broader market, the prevailing negative sentiment is evident, with around 1907 advancing stocks compared to 1809 declining stocks.

Following is the list of Penny Stock that got locked in the upper circuit on November 20, 2023:

Investors should keep an eye on these Penny Stocks.

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