September 21, 2024

These penny stocks are locked in the upper circuit today – these penny stocks are locked in the upper circuit today


Mumbai – Major indexes on Wall Street fell on Tuesday. Meanwhile, investors showed a mixed trend in Asian markets. On the contrary, major Indian indices opened the session on a higher note, led by bullish rallies in Bajaj Finance and Bajaj Finserv. BSE Consumer durables and BSE capital goods sectors outperformed all others. BSE Power and BSE Utilities sectors were the biggest losers. BSE Sensex rose 0.59% to 59,457 at 11 am on Wednesday. The Nifty50 index rose 0.52% to 17,487. Larsen & Toubro, HDFC and HDFC Bank were the top gainers in the Sensex. While IndusInd Bank, State Bank of India and NTPC Limited were down.

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The BSE Midcap index was trading lower. While the BSE Smallcap index outperformed the main indices. Shares of Ruby Mills Limited were the top performers in BSE Smallcap. It settled on 20% of the upper circuits. The shares of Automotive Stampings and Assemblies Limited and Black Rose Industries in this sector were also bought heavily by investors.

According to the World Bank, India’s economy is expected to grow at a slower pace – 6.3% – in the new current fiscal year as a result of lower consumption due to weak income growth.

Some of the penny stocks in the capital market which opened the session on Wednesday with a bullish edge, took off in the upper circuit. Their list is as follows. Investors should keep an eye on such stocks for the coming sessions –
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A.Kr. share Present Value (Rs.) price increase
Shree Ganesh Biotech India १.३९ १९.८३
Johnson Pharmacare ०.६१ १९.६१
JCT Limited २.३८ १९.६०
Suncare Traders १.०३ १९.५४
Seacoast Shipping Services २.७५ १०.००



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