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Watch out for these penny stocks locked in the upper circuit on September 18
Vaishnavi Chauhan
/ Categories: Trending, Mindshare

Watch out for these penny stocks locked in the upper circuit on September 18

Sensex experienced a modest decline of 0.06 per cent, while the Nifty saw a slight dip of 0.09 per cent

Market at 12:30 PM, In the most recent market activity, the Sensex experienced a modest decline of 0.06 per cent, while the Nifty saw a slight dip of 0.09 per cent. Furthermore, BANK NIFTY plunged 0.24 per cent and FINNIFTY witnessed a downfall of 0.42 per cent.

Within the market segments, the Nifty Midcap segment showed a small retreat of 0.17 per cent, whereas the Nifty Smallcap managed to secure a marginal gain of 0.06 per cent.

Unexpectedly, the India VIX made a significant move, surging by 3.21 per cent, introducing an element of unpredictability to the market dynamics.

Among the Top Gainers were Nifty Auto, Nifty PSU Bank, and Nifty Energy, delivering some positive surprises. Conversely, Nifty IT, Nifty Realty, and Nifty Metal experienced unexpected declines.

Furthermore, notable performers within the Nifty 50 included M&M, HDFC Life, and Bajaj Auto on the upside, while Infosys, HDFC Bank, and Hindalco faced unanticipated challenges.

Interestingly, amid this mixed scenario, approximately 1858 stocks advanced, slightly outnumbering the 1766 stocks that declined. This suggests a relatively neutral sentiment prevailing 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 September 18, 2023:

Company Name

LTP / Close

Circuit Limit %

Sulabh Engineers and Services Ltd

6.22

19.85

Anupam Finserv Ltd

2.44

19.61

Glittek Granites Ltd

3.41

10

Karnimata Cold Storage Ltd

9.5

9.95

Kaushalya Infrastructure Dev Corp Ltd

5.77

9.9

Comfort Intech Ltd

6.57

9.87

Monotype India Ltd

0.42

5

Gold Line International Finvest Ltd

0.63

5

Kretto Syscon Ltd

0.84

5

Veerkrupa Jewellers Ltd

2.73

5

 

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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