Watch out for these penny stocks locked in the upper circuit on April 18
Stronger-than-anticipated GDP figures from China did not improve investor sentiment.
Investors are looking for signals about interest rate increases in this week's company reports and remarks from Fed Reserve officials. Stronger-than-anticipated GDP figures from China did not improve investor sentiment. The market breadth turned strong as on BSE, 1,862 shares rose and 1,269 shares fell and a total of 121 shares remained unchanged.
As of 10:55 am, the BSE Sensex is trading at 59,865 levels, plunging by 44 points, while the S&P BSE Mid-Cap index has gained by 111 points at a level of 24,969 points. The Small-Cap index is trading higher currently, at 28,270 level, gaining 84 points. The NSE index NIFTY50 has also fallen by 14 points to 17,692 levels but the Bank Nifty soared by 186 points and is currently trading at a level of 42,449 level.
On April 17, the foreign portfolio investors sold securities worth of Rs 533.20 crore and the domestic institutional investors (DIIs) were the net buyers of shares worth 269.65 crore.
Following is the list of Penny Stocks that got locked in the upper circuit on Tuesday. Keep a close eye on these counters for the upcoming sessions: