Watch out for these penny stocks locked in the upper circuit on December 15

Vaishnavi Chauhan
Watch out for these penny stocks locked in the upper circuit on December 15

Sensex has demonstrated a robust performance, surging by 0.61 per cent to achieve a new all-time high of 71,084.08. Concurrently, the Nifty has also experienced a notable upswing of 0.59 per cent, reaching a record high of 21,355.65

Market at 11:30 AM, In the ongoing trading session, the Sensex has demonstrated a robust performance, surging by 0.61 per cent to achieve a new all-time high of 71,084.08. Concurrently, the Nifty has also experienced a notable upswing of 0.59 per cent, reaching a record high of 21,355.65. Furthermore, NIFTY Bank plunged 0.03 per cent and FINNIFTY following the trail is down by 0.31 per cent.

 Furthermore, the Nifty Mid-Cap is trading marginally higher by 0.03 per cent, while the Nifty Small-Cap has surged by 0.44 per cent.

Market volatility, as indicated by the India VIX, has seen a marginal increase of 1.1 per cent, suggesting a slight uptick in market volatility.

Among the Top Gainers are Nifty IT, Nifty Metal, and Nifty Energy, while Nifty FMCG, Nifty PSU Bank, and Nifty Financial Services are among the Top Losers.

In terms of individual stocks, Tech Mahindra, Infosys, and TCS are leading the gainers, whereas HDFC Life, Nestle India, and SBI Life are among the top losing stocks in the Nifty 50.

The overall market sentiment remains positive, with approximately 2049 stocks advancing compared to 1551 stocks declining. This indicates a favorable outlook in the broader market.

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.

 

Following is the list of Penny Stock that got locked in the upper circuit on December 15, 2023:

Company Name

LTP / Close

Circuit Limit %

Oriental Trimex Ltd

9.91

19.98

Srestha Finvest Ltd

1.25

9.65

Biogen Pharmachem Industries Ltd

1.61

9.52

Jackson Investments Ltd

0.63

5

Aravali Securities and Finance Ltd

3.36

5

Mystic Electronics Ltd

3.99

5

Vas Infrastructure Ltd

5.25

5

Gold Coin Health Foods Ltd

6.52

4.99

Arshiya Ltd

7.36

4.99

Ramgopal Polytex Ltd

5.9

4.98

 

Investors should keep an eye on these Penny Stocks.

 

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

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