Watch out for these penny stocks locked in the upper circuit on March 3

Watch out for these penny stocks locked in the upper circuit on March 3

Kaustubh Bhosale

Federal Reserve Chair Jerome Powell said on Wednesday that he was “inclined to propose and support a 25-basis-point rate hike in the month of March.”

A broad-based buying was observed with metal stocks outperforming and leading the rally given the global scenarios. The oil & gas stocks gained as the ongoing Russia-Ukraine war skyrocketed the oil and resource prices ever higher than before. The domestic equities also rose to track positive global cues as Asian shares gain. Federal Reserve Chair Jerome Powell said on Wednesday that he was “inclined to propose and support a 25-basis-point rate hike in the month of March.”  

 

The Sensex today increased by 60 points and is trading at a level of 55,529.04. The top gaining stocks today are Tech Mahindra, Wipro, HCL Technologies, and Tata Steel. BSE MidCap is also trading in the green, up by 123 points at 23,439.59 points. BSE SmallCap has jumped today by 256 points and is trading at 26,887.95. The Nifty 50 index is trading at 16,616.75 levels gaining 10 points. 

 

The top gaining stocks are Cipla, Wipro, HCL Technologies, Tech Mahindra, and Indian Oil Corporation, rising more than 2.03 per cent each. The stocks that have declined today are Asian Paints, Kotak Bank, UltraTech Cement, SBI Life Insurance, and HDFC Life Insurance falling more than 1.3 per cent. 

 

Following is the list of penny stocks locked in the upper circuit today. Keep a close eye on these counters for the upcoming sessions.  

 

Sr No 

Stock Name  

LTP  

Price gain (%) 

Supreme Engineering  

2.25 

4.65 

SITI Networks  

2.8 

3.7 

Beardsell Ltd   

15.6 

4.71 

Gammon Infra  

2.1 

Shrenik  

2.7 

3.85 

LCC Infotech  

3.7 

4.23 

HDIL  

4.55 

4.6 

Cyber Media  

33 

4.6 

Rollatainers  

2.5 

4.17 

10 

Eastern Silk  

7.4 

4.96 

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