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

Sensex and Nifty are experiencing modest declines, with decreases of 0.36 per cent and 0.44 per cent, respectively.

Market at 11:50 AM, In the current market session, both the Sensex and Nifty are experiencing modest declines, with decreases of 0.36 per cent and 0.44 per cent, respectively. Furthermore, BANK NIFTY dipped 0.22 per cent and FINNIFTY witnessed a downfall of 0.20 per cent.

 Meanwhile, the Nifty Mid-Cap segment is showing a moderate drop of 0.51 per cent, while the Nifty Small-Cap segment is seeing a marginal decline of 0.03 per cent.

India VIX, a measure of market volatility, has witnessed a slight decrease of 0.80 per cent, suggesting a minor reduction in overall market volatility.

Notable sector performance reveals that Nifty Media is the sole major sector trading in positive territory. In contrast, Nifty FMCG, Nifty PSU Bank, and Nifty Metal are among the top underperforming sectors.

Among the Top Gainers in the Nifty 50 index are Nestle India, Kotak Bank, and IndusInd Bank, while ITC, Hindustan Unilever, and Power Grid are leading the decliners.

Taking a broader view of market sentiment, there are 1627 stocks advancing compared to 1892 stocks declining, indicating a slightly negative overall sentiment in the broader market.

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

Investors should keep an eye on these Penny Stocks.

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