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Watch out for these penny stocks locked in the upper circuit on May 05

The HDFC twins dragged the market down, adding to the recession fear on the wall street after the fed rate rise.

Kaustubh Bhosale 0 3199 Article rating: 4.0

While the benchmark BSE Sensex and Nifty 50 fell on Friday, amid frantic selling in frontline bluechip counters, a number of stocks experienced declines of more than 5 per cent.

Watch out for these penny stocks locked in the upper circuit on May 04

The hike raises the fed funds rate to its highest level since August 2007—a target range of 5 per cent –5.25 per cent.

Kaustubh Bhosale 0 1840 Article rating: 4.0

In the morning trade, the domestic equity benchmarks continued to rise. As was largely predicted, the Federal Reserve increased its benchmark borrowing rate by 25 basis points.

This small-cap construction company bags an order of Rs 2,450 crore, which is 69 per cent of its market capital

The quarterly results a jump of 10 per cent in the operating margins and the net profit grew by 6.71 per cent, which has been the highest in the past two years.

Kaustubh Bhosale 0 9748 Article rating: 3.6

The company has won an order which is 69 per cent of its market capitalization.

This stock delivered 52 per cent returns in just seven trading sessions hitting the upper circuit and making a lifetime high!

As the lowest bidder for the Mahi Bajaj Sagar Project in Banswara, Rajasthan, RVNL has also come out on top.

Kaustubh Bhosale 0 5724 Article rating: 3.8

The Department of Public Enterprises recently accorded RVNL the "Navratna" designation in a corporate filing with the BSE.

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