Watch out for these penny stocks locked in the upper circuit on October 18

Sensex and Nifty are facing a minor downturn, with losses of 0.53 per cent and 0.41 per cent, respectively

Market at 11:50 AM, In the current market session, both the Sensex and Nifty are facing a minor downturn, with losses of 0.53 per cent and 0.41 per cent, respectively. Furthermore, BANK NIFTY plunged 1.05 per cent and FINNIFTY witnessed a downfall of 1.25 per cent.

Meanwhile, Nifty Small-Cap is trading relatively flat, and Nifty Mid-Cap is experiencing a decline of 0.64 per cent.

Market volatility, as measured by the India VIX, is holding steady with marginal declines of 0.07 per cent.

Sectors are showing mixed performance, with Nifty Pharma, Nifty Media, and Nifty Metal as the top-performing sectors. On the other hand, Nifty Financial Services, Nifty Bank, and Nifty PSU Bank are currently underperforming.

Notable gainers within the Nifty 50 index include Cipla, Dr Reddy’s Laboratories, and Sun Pharma, while Bajaj Finance, Power Grid, and Bajaj Finserv are among the leading decliners.

In the broader market, there are 1431 advancing stocks compared to 2081 declining stocks, reflecting a negative sentiment prevailing in the broader market.

Following is the list of Penny Stock that got locked in the upper circuit on October 18, 2023:

Investors should keep an eye on these Penny Stocks.

Disclaimer: The article is for informational purposes only and not investment advice.