September 21, 2024

These penny stocks including Olympic Cards hit the upper circuit today, the rally is expected to continue further


Mumbai: The global market is seeing a boom even after the Federal Reserve indicated to reduce the rate hike from December. Indian indices started the session flat, led mostly by technology stocks after an overnight rally on Wall Street. BSE IT was the best performing sector during this period with a gain of over 2 per cent. Ramco Systems and L&T Technology Services also performed well under its leadership. Today, all information technology stocks were among the top gainers in the Sensex. The only sectors with losses during this period included BSE Fast Moving Consumer Goods, BSE Power and BSE Telecom.

Price Volume Breakout: Bumper buying seen in these stocks, good chance to earn profits
The market saw an increase in the morning
At 11:40 am, the BSE Sensex was up 0.44 per cent at 63,380. At the same time, the Nifty 50 index rose by 0.42% to reach the level of 18,837. On Sensex, Tata Consultancy Services, Tech Mahindra and HCL Technologies were among the top gainers. While Hindustan Unilever, Mahindra & Mahindra and ICICI Bank were among the market pullers.

Top trending stock: The stock of this government bank is increasing at the speed of rocket
GDP slowdown
India’s GDP growth has more than halved from 13.5 per cent in April-June to 6.3 per cent in July-September, according to data released by the Ministry of Statistics and Program Implementation. Furthermore, in October, the rate of growth in output of eight core sectors fell to a 20-month low of 0.1%. Today these stocks have hit upper circuit. Investors can cash in on good investment opportunities in these stocks.

penny stock list

This article is powered by Dalal Street Investment Journal, India’s No. 1 Investment Magazine. Click here to get regular updates about Winning Stocks and Recommendations.

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