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Watch out for these penny stocks locked in the upper circuit on October 12
Vaishnavi Chauhan
/ Categories: Trending, Mindshare

Watch out for these penny stocks locked in the upper circuit on October 12

Market volatility, as indicated by the India VIX, has decreased by 2.18 per cent, highlighting reduced market uncertainty.

Market at 12:10 AM, In the current market update, both the Sensex and Nifty are trading with minor gains. FurthermoreBANK NIFTY soared 0.28 per cent and FINNIFTY witnessed an upswing of 0.08 per cent.

The Nifty Mid-Cap shows a moderate increase of 0.43 per cent, while the Nifty Small-Cap exhibits a slightly higher growth of 0.71 per cent.

Market volatility, as indicated by the India VIX, has decreased by 2.18 per cent, highlighting reduced market uncertainty.

Looking at sector performance, Nifty Media, Nifty Metal, and Nifty Energy are leading the gains, while Nifty IT, Nifty Realty, and Nifty FMCG are among the sectors facing losses.

In terms of individual stocks within the Nifty 50, Coal India, BPCL, and Maruti are among the Top Gainers in the early trading session. On the other hand, TCS, Infosys, and Cipla are experiencing declines, positioning them as the Top Losers within the index.

Overall, the broader market sentiment remains positive, with approximately 2250 stocks advancing compared to 1261 stocks declining, reflecting an overall optimistic sentiment 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 October 12, 2023:

Company Name

LTP / Close

Circuit Limit %

Hindustan Bio Sciences Ltd

7.95

19.91

Polytex India Ltd

3.41

10

Jackson Investments Ltd

0.42

5

Melstar Information Technologies Ltd

2.1

5

Libord Finance Ltd

6.3

5

Vardhman Concrete Ltd

6.72

5

Sirohia & Sons Ltd

7.77

5

Comfort Intech Ltd

8.82

5

Shiva Granito Export Ltd

9.45

5

B.A.G. Films and Media Ltd

6.1

4.99

 

 

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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