September 21, 2024

Penny stocks in the upper circuit, Upper Circuit Today: Cautious start for major indices, these penny stocks are locked in the upper circuit today


Mumbai – Wall Street indexes fell sharply on Wednesday after the US Federal Reserve raised interest rates by 0.25 percent in an effort to curb rising inflation. Investor mood in Asian markets was mixed, with Indian benchmark indices recovering despite opening the session lower. The BSE Sensex rose 0.08% to 58,261 at 10:30 am on Thursday. While the Nifty50 index rose by 0.07% to 17,164. Nestlé India, Larsen & Toubro and Tata Motors were the top performers in the Sensex. While Asian Paints, HCL Technologies and Infosys fell.

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The BSE Energy and BSE Commodities Index contributed to offset the losses in the Information Technology sector with gains of over 1%. Telecom and auto stocks also registered significant gains. 1,827 shares advanced and 1,206 shares declined in the Mumbai Stock Exchange. Advance-decline ratio remained in favor of advance.

The BSE Smallcap index outperformed the major indices by a wide margin. Shares of Precision Camshafts Limited were the gainers in BSE Smallcap. Shares of the company rose more than 11% amid relatively flat capital markets. Mangalam Industrial Finance and Centum Electronics Ltd were also heavily bought.

Stock markets remained relatively flat during the morning session on Thursday. A few penny stocks also made it to the upper circuit. Their list is as follows. Investors should keep an eye on these stocks for the coming sessions –
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A.Kr. share Present Value (Rs.) price increase
Burnpur Cement ४.७६ १९.९
Mangalam Industrial Finance २.६७ ९.८८
quantum build-tech ३.२४ ९.८३
Minolta Finance ७.३५ ५.००
Purple Entertainment ६.०९ ५.००



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