Watch out for these Penny Stocks locked in the upper circuit on May 08

Watch out for these Penny Stocks locked in the upper circuit on May 08

Vaishnavi Chauhan

Sensex moderately declining by 0.16 per cent and Nifty plunging by 0.11 per cent.

Market at 11:35 AM, In the current trading session, Benchmark indices are witnessing a negative trend, with Sensex moderately declining by 0.16 per cent and Nifty plunging by 0.11 per cent. Furthermore, NIFTY Bank plunged 0.34 per cent and FINNIFTY is down by 0.22 per cent.

However, in the broader indices, Nifty Mid-Cap has recorded marginal gains of 0.04 per cent, while Nifty Small-Cap has moderately increased by 0.47 per cent.

India VIX is trading higher by 0.62 per cent, indicating a slight uptick in market volatility.

Notably, Nifty PSU Bank, Nifty Energy, and Nifty Metal are trading positively, while Nifty Bank, Nifty Pharma, and Nifty Financial Services are among the Top Losers.

The broader market sentiment remains positive, with 2,032 stocks advancing compared to 1,492 stocks declining.

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Following is the list of Penny Stock that got locked in the upper circuit on May 08, 2024:

Company Name

LTP / Close

Circuit Limit %

Sobhagya Mercantile Ltd

0.84

40

Pankaj Polymers Ltd

8.65

9.9

Beeyu Overseas Ltd

4.83

5

NB Footwear Ltd

7.35

5

Scintilla Commercial & Credit Ltd

4.84

4.98

Quadrant Televentures Ltd

1.9

4.97

Saffron Industries Ltd

6.36

4.95

VB Industries Ltd

8.05

4.95

RCI Industries & Technologies Ltd

4.47

4.93

Purple Entertainment Ltd

6.82

4.92

 

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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