Watch out for these penny stocks locked in the upper circuit on February 28

Vaishnavi Chauhan
Watch out for these penny stocks locked in the upper circuit on February 28

In the current trading session, benchmark indices are trading lower, with the Sensex down by 0.64 per cent and Nifty by 0.66 per cent.

Market at 11:25 AM, In the current trading session, benchmark indices are trading lower, with the Sensex down by 0.64 per cent and Nifty by 0.66 per cent. Furthermore, NIFTY Bank plunged 0.67 per cent and FINNIFTY following the trail is down by 0.40 per cent.

In the broader indices, Nifty Mid-Cap is down by 1.01 per cent, while Nifty Small-Cap has plummeted by 1.17 per cent.

India VIX has risen by 2.42 per cent, indicating increased market volatility.

Nifty IT is the only major sector trading positively, while Nifty Media, Nifty Realty, and Nifty Energy are among the Top Gainers.

Among individual stocks, TCS, HDFC Life, and Infosys are the top gainers, while Bajaj Auto, Apollo Hospitals, and Maruti are among the leading losers in the Nifty 50.

The broader market sentiment remains negative, with 946 stocks advancing compared to 2,739 declining.

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 February 28, 2024:

Company Name

LTP / Close

Circuit Limit %

Biogen Pharmachem Industries Ltd

1.26

5

City Online Services Ltd

5.67

5

E-Land Apparel Ltd

8.82

5

TPI India Ltd

8.62

4.99

Gayatri Projects Ltd

9.05

4.99

Saptak Chem And Business Ltd

4.22

4.98

Shivansh Finserve Ltd

6.11

4.98

Toyam Sports Ltd

6.55

4.97

Pankaj Polymers Ltd

9.51

4.97

Lypsa Gems & Jewellery Ltd

7.4

4.96

 

Investors should keep an eye on these Penny Stocks.

 

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