Watch out for these penny stocks locked in the upper circuit on April 13

Watch out for these penny stocks locked in the upper circuit on April 13

Kaustubh Bhosale

On Wednesday, the Indian markets kicked off the day on a bullish note, reversing the previous dismal session.

On Wednesday, the Indian markets kicked off the day on a bullish note, reversing the previous dismal session. The continued see-saw fight of Brent crude oil prices, on the other hand, is influencing investors around the world, where the prolonged crisis between Russia & Ukraine have left global markets in a frenzy.  

 

During today’s early trade, BSE Sensex dropped by 71 points after opening in green and is trading at a level of 58,505.00. BSE Midcap has also gained 64 points and is trading at the 25,100.86 level. BSE Smallcap index jumped 159 points and trades at the level of 29,601.14. The gaining stocks on BSE Sensex are Sun Pharmaceutical Industries (1.23 per cent), NTPC (0.95 per cent), Bajaj Finance (0.89 per cent), Induslnd Bank (0.80 per cent), and NTPC (0.75 per cent).    

 

Similarly, Nifty 50 index has weakened, falling by 22 points to 17,507.40 level. Bank Nifty has also plunged 110 points and is currently trading at 37,636.75. The major contributors to Nifty 50 are ONGC (2.55 per cent), Apollo Hospitals (2.24 per cent), UPL (1.93 per cent), JSW Steel (1.28 per cent), and Sun Pharma (1.24 per cent).   

 

Following is the list of Penny Stocks that got locked in the upper circuit today. Keep a close eye on these counters for the upcoming sessions:    

 

Sr. no.  

Security name  

LTP/Close  

Circuit limit (per cent)  

1  

SBC Exports Ltd  

7.75  

9.89  

2  

Kohinoor Foods Ltd  

9.88  

4.99  

3  

Zenith Steel Pipes & Industries Ltd  

3.6  

4.96  

4  

Transwarranty Finance Limited  

8.49  

4.94  

5  

Impex Ferro Tech Ltd  

3.94  

4.79  

6  

Raj Rayon Industries Ltd  

3.76  

4.74  

 

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