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

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

Sensex and Nifty posting gains of 0.48 per cent and 0.50 per cent, respectively.

Market at 12:20 PM, In the most recent market session, there's an evident upward trend, with the Sensex and Nifty posting gains of 0.48 per cent and 0.50 per cent, respectively. FurthermoreBANK NIFTY soared 0.58 per cent and FINNIFTY witnessed an upswing of 0.67 per cent.

Additionally, the Nifty Mid-Cap and Nifty Small-Cap segments are displaying strength, recording increases of 0.47 percent and 0.92 percent, respectively.

Market volatility, as gauged by the India VIX, has declined notably by 3.46 per cent, suggesting a decrease in market turbulence.

Several sectors are demonstrating notable strength, with Nifty PSU Bank, Nifty FMCG, and Nifty Financial Services emerging as the top-performing sectors. However, Nifty Realty is the sole major sector currently lagging.

Prominent gainers within the Nifty 50 index include HDFC Life, Power Grid, and Tata Consumer, while Tata Motors, UPL, and L&T are among the top decliners.

Overall market sentiment remains positive, with approximately 2337 stocks advancing compared to 1192 stocks in decline, underscoring a favorable mood 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 17, 2023:

Security Name

LTP / Close

Circuit Limit %

Tijaria Polypipes Ltd

6.98

9.92

Next Mediaworks Ltd

7.24

9.86

Vikas Proppant & Granite Ltd

0.63

5

Ontic Finserve Ltd

0.63

5

karnavati Finance Ltd

2.52

5

Toyam Sports Ltd

6.3

5

Zenith Steel Pipes & Industries Ltd

6.51

5

White Organic Retail Ltd

7.35

5

V R Woodart Ltd

8.4

5

Glittek Granites Ltd

3.79

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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