Watch out for these penny stocks locked in the upper circuit on August 29

Watch out for these penny stocks locked in the upper circuit on August 29

Kaustubh Bhosale

At 10.44 am, Sensex was trading at 57,998, down by 834 points.

The benchmark indices are trading with major losses in the early trade, tracking weak global cues. On Sensex, the sectors that witnessed major selling are auto, bankex, and information technology. The top-gaining equities on Nifty are Kritika Wires, Lokesh Machines, Precision Metaliks, Quadpro ITeS, and Fidel Softech, which soared more than 15 per cent each.  

  

At 10.44 am, Sensex was trading at 57,998, down by 834 points. Additionally, the Mid-Cap index was seen at the level of 24,818, inching lower by 300 points. Losing 316 points, the Small-Cap index is now trading at a level of 28,099.  

  

Nifty 50 index is currently trading at a level of 17,310, down by 248 points from its previous close. Meanwhile, Bank Nifty is currently trading at the level of 38,260, losing 727 points.  

  

Foreign portfolio investors (FPIs) sold shares worth Rs 51.12 crore on August 26 while domestic institutional investors (DIIs) bought shares worth Rs 453.59 crore.  

     

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

 

Stock Name 

LTP 

Circuit Limit % 

Virgo Global 

1.08 

20 

Navoday Enterprises 

9.5 

19.95 

Essar Shipping 

8.38 

19.89 

Balta Group 

9.1 

9.9 

Media Matrix Worldwide 

9.87 

Ladam Affordable Housing 

4.99 

VB Industries 

4.63 

4.99 

Neil Industries 

7.8 

4.98 

DCM Financial Services 

5.29 

4.96 

Mathew Easow Research Securities 

7.43 

4.94 

 

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