Watch out for these penny stocks locked in the upper circuit on June 29
Sensex opened on the lower side today morning. It lost 275 points and is trading at 52,902 at 10.42 am.
Watch out for these Penny Stocks locked in the upper circuit on June 29
The Indian markets open in red amid weakness in the global markets. Oil prices decline after rallying for three days. This is a result of reducing consumer confidence, as the US market witnessed the fear of recession. Investors globally awaited a key GDP reading from the US due later in the day for cues. On Nifty, except for the media and oil & gas shares, all other sectors were trading positively.
Sensex opened on the lower side today morning. It lost 275 points and is trading at 52,902 at 10.42 am. Likewise, BSE Midcap index has slipped 163 points and trades at 21,866 levels. Besides, BSE Smallcap index increased 9 points and trades at 24,974 levels. In terms of sectoral indices, apart from energy and oil & gas, all sectors are trading in the red.
Similarly, Nifty 50 index witnessed weakness and is down by 89 points and traded at 15,761 levels. Bank Nifty plunged 359 points and trades at the level of 33,282. The Top Gainers include Grasim Industries, Reliance Industries, UltraTech Cement, Hero MotoCorp, and Tata Motors. On the other hand, the Top Losers are HDFC Life Insurance, Hindustan Unilever, Induslnd Bank, Cipla, and Titan.
Foreign portfolio investors (FPIs) sold shares worth Rs 1,244.44 crore on June 28 while the domestic institutional investors (DIIs) bought shares worth Rs 1,205.63 crore.
Following is the list of penny stocks that got locked in the upper circuit on Wednesday. Keep a close eye on these counters for the upcoming sessions:
|
Sr No.
|
Security Name
|
LTP
|
Circuit Limit (per cent)
|
|
1
|
Kavveri Telecom Products
|
8.82
|
5
|
|
2
|
Welcure Drugs & Pharmaceuticals
|
7.61
|
4.97
|
|
3
|
Orient Green Power Company
|
8.75
|
4.92
|
|
4
|
Transwarranty Finance
|
8.33
|
4.91
|
|
5
|
Viji Finance
|
3.64
|
4.9
|
|
6
|
Cella Space
|
7.08
|
4.89
|
|
7
|
PMC Fincorp
|
3.66
|
4.87
|
|
8
|
Croissance
|
6.47
|
4.86
|
|
9
|
Sungold Capital
|
2.68
|
4.69
|
|
10
|
Gold Line International Finvest
|
0.9
|
4.65
|