Watch out for these penny stocks locked in the upper circuit on January 05

Vaishnavi Chauhan
Watch out for these penny stocks locked in the upper circuit on January 05

The Sensex zoomed by 0.37 per cent and the Nifty rallied over 0.35 per cent.

Market at 10:40 AM, In recent development, the Sensex zoomed by 0.37 per cent. Similarly, the Nifty rallied over 0.35 per cent. Furthermore, NIFTY Bank soared 0.15 per cent and FINNIFTY following the trail is up by 0.14 per cent.

The Nifty Mid-Cap exhibited a substantial rise of 0.63 per cent in its opening, while the Nifty Small-Cap also showed a significant increase of 0.54 per cent.

The India VIX experienced a marginal decline of 1.81 per cent, suggesting a slight decrease in market volatility.

Among the sectors, Nifty Realty, Nifty IT, and Nifty Auto emerged as the Top Gainers, while Nifty Pharma is the only major sector currently underperforming.

SBI Life, NTPC, and Wipro are leading the gains, whereas Nestle India, Sun Pharma, and Britannia are among the top losing stocks in the Nifty 50.

The overall market sentiment appears positive, with 2,250 stocks advancing compared to 1,347 stocks declining, indicating a favorable trend 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 January 05, 2023:

Company Name

LTP / Close

Circuit Limit %

Madhav Marbles and Granites Ltd

71.64

20

Lee & Nee Softwares (Exports) Ltd

12.49

19.98

Fone4 Communications(India) Ltd

5.83

19.96

Spine Traders Ltd

5.32

19.82

Maestrs Elctrncs & Tlcmmnctns Systms Ltd

116.5

10

Seacoast Shipping Services Ltd

4.29

10

Naapbooks Ltd

112.64

10

Digispice Technologies Ltd

34.79

9.99

JMJ Fintech Ltd

26.09

9.99

Rajasthan Gases Ltd

10.28

9.95

 

 

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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