Watch out for these Penny Stocks locked in the upper circuit on May 16
Sensex declining by 0.11 per cent and Nifty also plunging by 0.11 per cent.
Market at 12:40 PM, In the current trading session, benchmark indices are trading marginally lower, with Sensex declining by 0.11 per cent and Nifty also plunging by 0.11 per cent. Furthermore, NIFTY Bank slipped by 0.22 per cent and FINNIFTY is zoomed by 0.19 per cent.
However, in the broader indices, Nifty Mid-Cap has surged by 0.61 per cent, while Nifty Small-Cap has soared by 0.57 per cent. Additionally, India VIX is up by 2.98 per cent, indicating heightened market volatility.
Nifty Realty, Nifty IT, and Nifty Media are trading positively, while Nifty PSU Bank, Nifty Auto, and Nifty Energy are among the Top Losers.
Bharti Airtel, LTIMindtree, and Tech Mahindra are among the Top Gainers, while Maruti, Power Grid, and Tata Motors are among the top losing stocks from the Nifty 50.
About 1,999 stocks are advancing as against 1,792 stocks that are declining, thus indicating a positive sentiment in the broader market.
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Following is the list of Penny Stock that got locked in the upper circuit on May 16, 2024:
|
Company Name
|
LTP / Close
|
Circuit Limit %
|
|
Sobhagya Mercantile Ltd
|
6.24
|
39.91
|
|
Leading Leasing Finance and Inv Co Ltd
|
3.65
|
9.94
|
|
Rgf Capital Markets Ltd
|
0.63
|
5
|
|
Johnson Pharmacare Ltd
|
1.05
|
5
|
|
National Plywood Industries Ltd
|
4.83
|
5
|
|
Devine Impex Ltd
|
7.56
|
5
|
|
Source Industries (India) Ltd
|
3.16
|
4.98
|
|
Prakash Steelage Ltd
|
8.86
|
4.98
|
|
NB Footwear Ltd
|
6.12
|
4.97
|
|
Mahalaxmi Seamless Ltd
|
9.74
|
4.96
|
Investors should keep an eye on these Penny Stocks.
Disclaimer: The article is for informational purposes only and not investment advice.