Watch out for these penny stocks that got locked in the upper circuit on March 14!

Watch out for these penny stocks that got locked in the upper circuit on March 14!

Kaustubh Bhosale

The banking, as well as IT indices, witnessed buying demand and appreciated by over 522 points & 587 points, respectively.

Watch out for these penny stocks that got locked in the upper circuit on March 14! 

  

The banking, as well as IT indices, witnessed buying demand and appreciated by over 522 points & 587 points, respectively. On the other hand, auto, oil & gas, realty, and metal indices saw selling pressure. 

 

MCX Gold Futures for April 05, 2022, is trading flat at Rs 52,636.00. The dollar rate is at Rs 76.60. On Friday, the foreign investors (FII) saw a net outflow of Rs 2,263.90 crore while the domestic investors (DII) witnessed an inflow of Rs 1,686.85 crore. Meanwhile, the price of crude oil stood at USD 110.   

 

BSE Sensex index soared 420 points and is trading at the level of 55,970.33. BSE MidCap has fallen and is trading at 23,169.91, down by 140 points. BSE SmallCap index is slightly up by 24 points and stands at the level of 27,171.14. The gaining stocks on BSE Sensex are HDFC Bank (2.61 per cent), Infosys (2.55 per cent), and ICICI Bank (2.12 per cent).    

 

Nifty 50 index has grown by 95 points and is at the level of 16,725.70. Also, Bank Nifty has grown by 438 points and trades at the 34,984.55 levels. The major contributors of Nifty 50 are State Bank of India (1.48 per cent), HDFC Bank (2.63 per cent), and Axis Bank (1.46 per cent).   

 

Following is the list of penny stocks that got locked in their upper circuit today. Keep a close eye on these counters for the upcoming sessions.    

 

Sr No  

Stock Name   

LTP   

Price gain (%)  

1  

MPS Infotecnics   

1.2  

4.35  

2  

HDIL   

6.15  

4.24  

3  

FCS Software   

4.2  

5  

4  

Visagar Polytex   

1.85  

2.78  

5  

Vikas Multicorp   

5.9  

4.42  

6  

SITI Networks   

3.45  

4.55  

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