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Watch out for these penny stocks locked in the upper circuit on September 20
Vaishnavi Chauhan
/ Categories: Trending, Mindshare

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

Sensex and Nifty are both grappling with significant declines, with the Sensex down by 0.95 per cent and the Nifty facing a substantial drop of 0.88 per cent

Market at 12:45 PM, In the most recent market updates, the Sensex and Nifty are both grappling with significant declines, with the Sensex down by 0.95 per cent and the Nifty facing a substantial drop of 0.88 per cent. Furthermore, BANK NIFTY plunged 1.27 per cent and FINNIFTY witnessed a downfall of 1.36 per cent.

Nifty Mid-Cap shows a slight dip of 0.02 per cent, while Nifty Small-Cap experiences a more considerable decline of 0.79 per cent.

The India VIX has surged by 3.97 per cent, indicating an uptick in market volatility.

Looking at sectoral performance, Nifty Energy and Nifty Auto are trading marginally in the positive territory, whereas Nifty Financial Services, Nifty Bank, and Nifty Metal are among the Top Losers.

Zooming in on individual stocks within the Nifty 50, Power Grid, Coal India, and NTPC are among the Top Gainers, while HDFC Bank, Britannia, and Apollo Hospitals are among the top losers.

Overall, the broader market sentiment appears to be on the negative side, with around 738 stocks advancing compared to 1255 stocks declining, pointing to a prevalent bearish 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 September 20, 2023:

Company Name

LTP / Close

Circuit Limit %

Sulabh Engineers and Services Ltd

6.84

9.97

Kaushalya Infrastructure Dev Corp Ltd

6.34

9.88

Purple Entertainment Ltd

2.52

5

Kridhan Infra Ltd

2.94

5

Prime Urban Development India Ltd

7.98

5

Tijaria Polypipes Ltd

5.68

4.99

Capricorn Systems Global Solutions Ltd

7.57

4.99

Multipurpose Trading  and Agencies Ltd

8.42

4.99

Virgo Global Ltd

9.67

4.99

Unitech Ltd

3.16

4.98

 

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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