Watch out for these penny stocks locked in the upper circuit on August 25
The Sensex and Nifty 50 opened lower by 0.26 per cent and 0.32 per cent, respectively.
Market at 10:00 AM, The Sensex and Nifty 50 opened lower by 0.26 per cent and 0.32 per cent, respectively. The Nifty Mid-Cap started the session with a 0.11 per cent decrease, and the Nifty Small-Cap also began lower by 0.07 per cent.
Market volatility appeared subdued, with the India VIX showing a decline of 0.34 per cent, pointing towards a relatively stable trading environment.
Among the sectors, Nifty Media is the only one showing gains, while Nifty FMCG, Nifty Bank, and Nifty IT are the Top Losers.
Gainers on the list include Bajaj Finserv, Bajaj Finance, and Adani Ports and Special Economic Zone. On the other hand, Jio Financial Services, Dr. Reddy's Laboratories, and IndusInd Bank are notable draggers within the Nifty 50 index.
With optimism in the small-cap sector stocks, the advance-decline ratio reveals that approximately 1,600 stocks are on the rise, while 1,323 stocks are experiencing declines.
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 August 25, 2023:
|
Company Name
|
LTP / Close
|
Circuit Limit %
|
|
Nagarjuna Fertilizers and Chemicals Ltd
|
8.4
|
5
|
|
Shreyas Intermediates Ltd
|
8.61
|
5
|
|
Shelter Infra Projects Ltd
|
8.03
|
4.97
|
|
Picturehouse Media Ltd
|
5.95
|
4.94
|
|
Elango Industries Ltd
|
7.86
|
4.94
|
|
Infra Industries Ltd
|
7.69
|
4.91
|
|
Tamilnadu Telecommunication Ltd
|
7.49
|
4.9
|
|
Birla Tyres Ltd
|
5.79
|
4.89
|
|
T Spiritual World Ltd
|
1.29
|
4.88
|
|
Maruti Securities Ltd
|
7.09
|
4.88
|
Investors should keep an eye on these Penny Stocks.
Disclaimer: The article is for informational purposes only and not investment advice.