Watch out for these penny stocks locked in the upper circuit on March 31

Watch out for these penny stocks locked in the upper circuit on March 31

Kaustubh Bhosale

Asian equity indices rose on the back of strong Chinese economic data.

Indian shares opened higher on Friday, aided by heavyweight information technology (IT) and financials stocks. Domestic investors are looking forward to a set of macroeconomic indicators, including current account data and external debt. Asian equity indices rose on the back of strong Chinese economic data. 

  

As of 11:00 am, the BSE Sensex, is trading at 58,524 levels, showing a significant rise of 564 points. The S&P BSE Mid-Cap index is also trading in strong gains of 227 points at 24,065 points. The Small-Cap index has jumped by 365 points and is currently trading at a level of 26,964 points. The NSE index NIFTY50 following the Sensex soared by 164 points, to 17,245 levels. The Bank Nifty is currently trading at a level of 40,421 up by 511 points. 

  

On March 29, the foreign portfolio investors sold securities worth of Rs 1,245.39 crore and the domestic institutional investors (DIIs) were the net buyers of shares worth 822.99 crore.  

  

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

  

Stock Name 

LTP 

Circuit Limit % 

Baroda Extrusion 

1.54 

10 

Aadi Industries 

3.63 

10 

Sun Retail 

0.73 

8.96 

Quadrant Televentures 

1.05 

Sibar Auto Parts 

7.35 

Galactico Corporate Services 

7.35 

RCI Industries & Technologies 

3.58 

4.99 

Ruchi Infrastructure 

8.01 

4.98 

Indowind Energy 

9.27 

4.98 

Kanel Industries 

1.69 

4.97 

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