Watch out for these penny stocks that are locked in the upper circuit on June 13

Watch out for these penny stocks that are locked in the upper circuit on June 13

Kaustubh Bhosale

The Sensex and Nifty are seeing increases in response to positive global trends.

On Tuesday, Indian equities markets opened higher for the second consecutive session on improved sentiment following data showing domestic retail inflation fell to a more than two-year low in May, while investors anticipated US inflation data and the Federal Reserve's rate decision.

 

At 10:00 am, the BSE Sensex is currently being traded at a level of 63,063, marking a gain of 338 points. The S&P BSE Mid-Cap has risen by 195 points and is trading at 27,862 points. The Small-Cap index has also experienced a leap of 203 points, reaching a level of 31,820. The NSE index NIFTY50 has added 91 points and is currently being traded at 18,693. Similarly, the Bank Nifty has surged by 151 points to reach a level of 44,095.

 

On June 12, foreign portfolio investors sold securities worth Rs 626.62 crores, and domestic institutional investors (DIIs) were the net buyers of shares worth Rs 1,793.85 crores.

 

DSIJ offers a service 'Tiny Treasure' with recommendations for small-cap and micro-cap stocks based on research and analysis to help subscribers make informed investment decisions. If this interests you, then download the product details PDF here.

 

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

 

Stock Name

LTP

Circuit Limit %

Diligent Media Corporation

3.52

10

Orosil Smiths India

7.29

9.95

Madhucon Projects

5.98

9.93

Risa International

0.63

5

LCC Infotech

2.52

5

Picturehouse Media

6.75

4.98

Prime Urban Development India

9.08

4.97

Galactico Corporate Services

9.5

4.97

Avance Technologies

2.54

4.96

Bisil Plast

3.19

4.93

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