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

Vaishnavi Chauhan
/ Categories: Trending, Mindshare
Watch out for these penny stocks locked in the upper circuit on September 28

Sensex and Nifty are showing declines of 0.79 per cent and 0.83 per cent, respectively

Market at 02:00 PM, In the current market session, both the Sensex and Nifty are showing declines of 0.79 per cent and 0.83 per cent, respectively. Furthermore, BANK NIFTY dipped 0.56 per cent and FINNIFTY witnessed a downfall of 0.43 per cent.

Meanwhile, Nifty Small-Cap is showing a modest increase of 0.51 percent, while Nifty Mid-Cap is down by 0.25 percent.

Market volatility, as measured by the India VIX, has surged by 9.06 percent, indicating a significant increase in market uncertainty.

Among the major sectors, Nifty PSU Bank is the sole gainer, while Nifty IT, Nifty FMCG, and Nifty Auto are among the Top Losers.

Regarding individual stocks within the Nifty 50 index, notable gainers include L&T, HDFC Bank, and ONGC, while top losers encompass Tech Mahindra, Asian Paints, and LTIMindtree.

The broader market sentiment appears to be negative, with approximately 1571 stocks advancing compared to 2030 stocks declining, suggesting an overall pessimistic outlook

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 September 28, 2023:

Security Name

LTP / Close

Circuit Limit %

Saianand Commercial Ltd

0.55

19.57

 iStreet Network Ltd

2.1

5

Vandana Knitwear Ltd

2.31

5

Explicit Finance Ltd

4.2

5

India Lease Development Ltd

6.3

5

USG Tech Solutions Ltd

8.21

4.99

Goyal Aluminiums Ltd

9.68

4.99

Bisil Plast Ltd

2.32

4.98

Usha Martin Education and Solutions Ltd

7.17

4.98

Libord Finance Ltd

6.55

4.97

 

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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