Watch out for these penny stocks locked in the upper circuit on March 06

DSIJ Intelligence
Watch out for these penny stocks locked in the upper circuit on March 06

Sensex moderately lower by 0.44 per cent and the Nifty down by 0.54 per cent.

Market at 11:55 AM, In the ongoing trading session, benchmark indices are experiencing a downturn, with the Sensex moderately lower by 0.44 per cent and the Nifty down by 0.54 per cent. Furthermore, NIFTY Bank soared 0.81 per cent and FINNIFTY had vertical surge of 0.59 per cent.

The broader indices are seeing substantial declines, with the Nifty Mid-Cap dropping by 1.76 per cent and the Nifty Small-Cap plummeting by 2.74 per cent.

Market volatility, measured by India VIX, has slightly increased by 0.66 per cent.

Nifty Bank and Nifty Financial Services are among the sectors showing gains, while Nifty Media, Nifty Realty, and Nifty Metal are leading the losses.

The broader market sentiment remains negative, with 567 stocks advancing compared to 3,173 stocks declining.

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 March 06, 2024:

Comapny Name

LTP / Close

Circuit Limit %

Starlite Components Ltd

2.94

5

Abhishek Infraventures Ltd

6.09

5

Aravali Securities and Finance Ltd

5.05

4.99

Reliance Home Finance Ltd

3.37

4.98

Amit International Ltd

4.22

4.98

Oswal Yarns Ltd

6.74

4.98

Libord Finance Ltd

9.92

4.97

Viji Finance Ltd

3.64

4.9

Shivansh Finserve Ltd

7.07

4.9

Future Supply Chain Solutions Ltd

9.42

4.9

 

Investors should keep an eye on these Penny Stocks.

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