September 21, 2024

upper circuit penny stocks, Sensex, Nifty continued downward journey, but these penny stocks reached the upper circuit – these penny stocks are locked in the upper circuit today


Mumbai –US Wall Street indices ended Monday’s session at higher levels. Investors’ confidence in Asian markets was low on Tuesday. Major Indian indices opened the second session of the week with modest gains despite lingering concerns over weak performance of IT companies.Indices were dragged down by heavy losses in consumer staples, telecom and information technology sectors. BSE Realty was the best performing sectoral index with a gain of over 1%. The index was led by shares of Shobha Limited. 1,947 stocks advanced and 1,246 stocks declined in the Mumbai Stock Exchange. Advance-decline ratio remained in favor of advance.

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Broad indices outperformed major indices by a wide margin. Shares of Deep Polymers Limited were the gainers in BSE Smallcap. Even in an overall weak market, their value settled on the upper circuit with 20%. Shares of Precision Camshaft Limited and Urgo Capital Limited were also heavily bought by investors.

The BSE Sensex fell 0.12% to 59,837 at 10:55 am on Tuesday. While the Nifty50 index fell by 0.13% to 17,685. In the Sensex, IndusInd Bank, HCL Technologies and Nestle India were leading. Reliance Industries, Power Grid Corporation of India and Titan declined.

Despite the big index rout at the start of the week, markets remained somewhat bearish overall on Tuesday. A few penny stocks hit the upper circuit in the morning session. Their list is as follows. Investors should keep an eye on these stocks for the coming sessions –

A.Kr. share Present Value (Rs.) Price Increase (%)
Goldcoin Health Foods ६.६० १०.००
Tricom Fruit Products १.४३ १०.००
Panafic Industries १.२१ १०.००
Stanpacks India Limited ८.७७ ९.९
DCM Financial Services ६.३४ ९.८८



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