Watch out for these penny stocks locked in the upper circuit on February 5

Watch out for these penny stocks locked in the upper circuit on February 5

Prajwal Wakhare

Sensex surging by 0.06 percent and the Nifty showing a gain of 0.22 percent

Market at 11:15 AM, In the ongoing trading session, the benchmark indices are on an upward trajectory, with the Sensex surging by 0.06 percent and the NIFTY showing a gain of 0.22 percent. Furthermore, NIFTY Bank plunged 0.25 per cent and FINNIFTY also slipped by 0.32 per cent.

The broader market indices are also displaying robust performance, with the Nifty Mid-Cap experiencing significant gains of 0.67 per cent and the Nifty Small-Cap soaring by an impressive 1.04 per cent.

India VIX is trading marginally higher by 7.33 per cent, signaling a increase in market volatility.

Notable gainers include Nifty Pharma, Nifty oil & gas, and Nifty auto, while Nifty bank, Nifty Financial services and Nifty FMCG are the major sector currently underperforming.

Top-performing individual stocks are Tata motors, Sun Pharmaceutical industries, and Eicher Motors, contributing to the positive momentum. On the other hand, leading losers in the Nifty 50 include UPL, ICICI Bank, and State Bank of India.

The broader market sentiment remains positive, with 1,279 stocks advancing compared to 1,092 declining, reflecting an overall optimistic trend in the market.

Following is the list of Penny Stock that got locked in the upper circuit on February 5, 2024:

Company Name

LTP / Close

Circuit Limit %

GTL Infrastructure Limited

2.14

4.9

TV Vision Ltd

5.4

4.85

Kanani Industries Ltd

6.73

4.99

Garment Mantra Lifestyle Ltd

8.87

9.91

Sharika Enterprises Ltd

11.22

4.96

Nila Infrastructures Ltd

12.1

4.94

Zeal Aqua Ltd

14.29

5

Jaiprakash Power Ventures Limited

19.95

5

PVP Ventures Limited

23.33

5

Sadbhav Engineering Ltd

25.55

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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