Watch out for these penny stocks locked in the upper circuit on March 12

Vaishnavi Chauhan
Watch out for these penny stocks locked in the upper circuit on March 12

Sensex rising by 0.34 per cent and Nifty by 0.51 per cent

Market at 11:55 AM, In the current trading session, the main stock market indexes are up, with Sensex rising by 0.34 per cent and Nifty by 0.51 per cent. Furthermore, NIFTY Bank zoomed 0.67 per cent and FINNIFTY was up by 0.76 per cent.

However, the mid-sized and small-sized company indexes, Nifty Mid-Cap and Nifty Small-Cap, are down significantly by 1.25 per cent and 1.76 per cent respectively.

The volatility in the market, indicated by India VIX, has slightly decreased by 1.16 per cent.

Sectors like IT and Financial Services are doing well, while Realty, PSU Banks, and Media sectors are facing losses.

Overall, the broader market sentiment is negative, with more stocks declining 3,137 than advancing 602.

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 March 12, 2024:

Company Name

LTP / Close

Circuit Limit %

Systematix Securities Ltd

6.1

4.99

Continental Controls Ltd

7.38

4.98

E L Forge Ltd

9.7

4.98

Explicit Finance Ltd

7.24

4.93

Chambal Breweries and Distilleries Ltd

8.55

4.91

G G Engineering Ltd

2.14

4.9

Manor Estates and Industries Ltd

4.73

4.88

Shivansh Finserve Ltd

8.17

4.88

Future Retail Ltd

2.38

4.85

Visagar Polytex Ltd

1.3

4.84

 

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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