Home PENNY STOCK Penny Stocks that Locked in upper circuit on 16 January 2023

Penny Stocks that Locked in upper circuit on 16 January 2023

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Penny Stocks that Locked in upper circuit on 16 January 2023

The benchmarks for Indian stocks, the Sensex and Nifty50, rose sharply as a result of generally optimistic market moves worldwide. Investors in the metals, IT, and auto sectors feel selling pressure as a result of the volatility of sectoral indexes. However, trade increased across the board for the PSU bank, bank, financial services, and pharmaceutical indices.

The S&P BSE Sensex, the barometer index, is now trading at a level of 60,270 and is volatile in green. At 11:46 IST, it was up 9 points. The S&P BSE Mid-Cap has likewise increased by 12 points and is currently trading at a level of 25,183. The Small-Cap index also increased by 55 points, closing at a level of 28,913.

The Nifty 50 index likewise experienced a loss of 19 points, closing at a level of 17,936. The Bank Nifty, on the other hand, is now up just 22 points, trading at a level of 42,394.

On January 13, domestic institutional investors (DIIs) were the net purchases of shares worth 1,953.40 crore, while foreign portfolio investors (FPIs) came out to be the net sellers of shares worth 2,422.39 crore.

The list of penny stocks that were trapped in the upper circuit on Monday is as follows. For the next sessions, pay particular attention to these counters:

  

Stock Name 

LTP 

Circuit Limit % 

Fone4 Communications(India) 

7.92 

20 

Luharuka Media & Infra 

4.97 

9.96 

BSEL Infrastructure Realty 

5.04 

Minolta Finance 

4.99 

Libord Finance 

9.05 

4.99 

BKV Industries 

9.33 

4.95 

Gyscoal Alloys 

3.61 

4.94 

Andhra Cements 

7.03 

4.93 

Lakshmi Precision Screws 

5.33 

4.92 

Country Club Hospitality & Holidays 

7.69 

4.91

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