Watch out for these penny stocks locked in the upper circuit on February 26

Vaishnavi Chauhan
Watch out for these penny stocks locked in the upper circuit on February 26

Sensex trading moderately lower by 0.4 per cent and the Nifty experiencing a decline of 0.37 per cent.

Market at 11:35 AM, In the ongoing trading session, benchmark indices are witnessing a downward trend, with the Sensex trading moderately lower by 0.4 per cent and the Nifty experiencing a decline of 0.37 per cent. Furthermore, NIFTY Bank plunged 0.36 per cent and FINNIFTY following the trail is down by 0.17 per cent.

Similarly, in the broader indices, the Nifty Mid-Cap is seeing a moderate decline of 0.56 per cent, while the Nifty Small-Cap is trading marginally higher by 0.01 per cent.

Market volatility, as indicated by India VIX, has surged higher by 5.89 per cent, signaling an increase in market uncertainty and volatility.

Among notable gainers are Nifty Energy and Nifty Media, while sectors like Nifty IT, Nifty Realty, and Nifty Metal are among the Top Losers in the current session.

Leading the gains in individual stocks are L&T, Power Grid, and Adani Enterprises, while Asian Paints, Hindalco, and Divi’s Laboratories are among the top losers in the Nifty 50 index.

Overall, the broader market sentiment appears negative, with 1,741 stocks advancing compared to 2,094 stocks declining, reflecting a prevailing bearish sentiment in the 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 February 26, 2024:

Company Name

LTP / Close

Circuit Limit %


Softrak Venture Investment Ltd

9.19

9.93

Luharuka Media & Infra Ltd

5.25

5

Gayatri Projects Ltd

8.21

4.99

E-Land Apparel Ltd

8.21

4.99

Sumeru Industries Ltd

2.32

4.98

Space Incubatrics Technologies Ltd

2.32

4.98

Viji Finance Ltd

2.74

4.98

Vivanza Biosciences Ltd

8.22

4.98

Sambhaav Media Ltd

5.49

4.97

IL&FS Transportation Networks Ltd

5.7

4.97

 

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