Watch out for these Penny Stocks locked in the upper circuit on July 13

The Sensex and Nifty opened higher by 0.57 per cent each. Nifty Mid-cap and Nifty Small-cap also started on a positive note.

Pre-market scenario: On Wednesday, Wall Street stocks gained momentum following a US inflation report that revealed a smaller-than-anticipated increase. This development fueled optimism among investors, as it suggests the Federal Reserve may reduce its monetary tightening efforts.

The consumer price index rose by 3 per cent compared to the previous year, the lowest increase since March 2021 and a decrease from May's figures. The Dow Jones rose 0.3 per cent, the S&P 500 increased 0.7 per cent, and the tech-oriented Nasdaq Composite surged 1.2 per cent.

At 9:30 AM: The Sensex and Nifty opened higher by 0.57 per cent each. Nifty Mid-Cap and Nifty Small-Cap also started on a positive note, rising by 0.35 per cent and 0.65 per cent respectively. 

Nifty Metal, Nifty IT, and Nifty Financial Services are leading the gains, while no other sectors are currently underperforming. Hindalco, HDFC Life, and Bajaj Auto are among the Top Gainers in the Nifty 50, while Power Grid, HCL Tech, and Eicher Motors are among the Top Losers.

The market sentiment appears positive, with 1436 stocks advancing compared to 394 declining.

On July 12, foreign institutional investors (FII) sold shares worth Rs 1,242.44 crore, while domestic institutional investors (DII) bought shares worth Rs 436.71 crore.

Following is the list of Penny Stock that got locked in the upper circuit on July 13, 2023:

Investors should keep an eye on these Penny Stocks.