Watch out for these penny stocks locked in the upper circuit on October 05

Sensex and Nifty have displayed resilience, trading higher with gains of 0.62 per cent and 0.70 per cent

Market at 01:55 AM, In the current market scenario, the Sensex and Nifty have displayed resilience, trading higher with gains of 0.62 per cent and 0.70 per cent, respectively. Furthermore, BANK NIFTY soared 0.68 per cent and FINNIFTY surged 0.67 per cent.

The Nifty Mid-Cap and Nifty Small- cap segments have also contributed positively, recording gains of 0.13 per cent and 0.48 per cent, respectively.

The India VIX, which measures market volatility, has witnessed a significant decline of 4.89 per cent, indicating improved market stability.

In terms of sectoral performance, Nifty Bank, Nifty Media, and Nifty Realty are leading the gainers' list, while Nifty Pharma, Nifty Energy, and Nifty PSU Bank are among the Top Losers.

Among individual stocks, L&T, ICICI Bank, and Titan are standout gainers, while Power Grid, HCL Tech, and NTPC are facing some downward pressure within the Nifty 50 index.

Overall, the market sentiment appears positive, with approximately 2231 stocks advancing compared to 1335 stocks declining, reflecting a favorable outlook in the broader market.

Following is the list of Penny Stock that got locked in the upper circuit on October 05, 2023:

Investors should keep an eye on these Penny Stocks.

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