Watch out for these penny stocks locked in the upper circuit on October 26

The benchmark indices have witnessed notable declines, with the Sensex plunging by 1.37 per cent closely followed by the Nifty which recorded a 1.39 per cent drop.

Market at 11:15 AM, In the prevailing market conditions, the benchmark indices have witnessed notable declines, with the Sensex plunging by 1.37 per cent, closely followed by the Nifty, which recorded a 1.39 per cent drop. Furthermore, BANK NIFTY dipped 1.63 per cent and FINNIFTY witnessed a downfall of 1.79 per cent.

Additionally, Nifty Mid-Cap and Nifty Small-Cap have displayed significant losses, with decreases of 2.14 per cent and 2.46 per cent, respectively.

India VIX, a gauge of market volatility, has surged impressively by 10.67 per cent, signaling a substantial increase in market turbulence.

In terms of sector performance, all major sectors are currently performing below expectations. Notably, Nifty Realty is leading the losses, with Nifty Media, Nifty Metal, and Nifty PSU Bank closely behind.

In a remarkable turn, Axis Bank stands out as the sole stock displaying positive movement at this time. On the other hand, Bajaj Finance, Tech Mahindra, and M&M rank among the top decliners within the Nifty 50.

The broader market sentiment is clearly negative, with approximately 417 stocks advancing while 3008 stocks record declines, indicating a prevailing bearish outlook.

Following is the list of Penny Stock that got locked in the upper circuit on October 26, 2023:

Investors should keep an eye on these Penny Stocks.

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