Watch out for these penny stocks locked in the upper circuit on January 31

Sensex surging by 0.71 per cent and the Nifty showing a gain of 0.64 percent

Market at 11:25 AM, In the ongoing trading session, the benchmark indices are on an upward trajectory, with the Sensex surging by 0.71 percent and the Nifty showing a gain of 0.64 percent. Furthermore, NIFTY Bank zoomed 1.51 per cent and FINNIFTY following the trail is up by 1.21 per cent.

The broader market indices are also displaying robust performance, with the Nifty Mid-Cap experiencing significant gains of 0.92 per cent and the Nifty Small-Cap soaring by an impressive 1.52 per cent.

India VIX is trading marginally lower by 0.31 per cent, signaling a slight decrease in market volatility.

Notable gainers include Nifty Pharma, Nifty Bank, and Nifty Financial Services, while Nifty FMCG is the sole major sector currently underperforming.

Top-performing individual stocks are Dr. Reddy’s Laboratories, Tata Motors, and Axis Bank, contributing to the positive momentum. On the other hand, leading losers in the Nifty 50 include L&T, Titan, and Tata Consumer Product.

The broader market sentiment remains positive, with 2,406 stocks advancing compared to 1,272 declining, reflecting an overall optimistic trend in the market.

Following is the list of Penny Stock that got locked in the upper circuit on January 31, 2024:

Investors should keep an eye on these Penny Stocks.

Disclaimer: The article is for informational purposes only and not investment advice.