Penny Stocks Update: Only buyers were seen in these penny stocks on Monday!

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Penny Stocks Update: Only buyers were seen in these penny stocks on Monday!

Several penny stocks participated in the risk on rally in Monday trading session with few locked in the upper circuit.

The NIFTY 50 closed mildly in red on Monday, clearly reflecting the lack of enthusiasm in sellers even as the bulls accumulate individual stocks. The Metal, Telcom and Utilities stocks were in focus so were the IT stocks.

The BSE SmallCap index and BSE MidCap index comfortably outperformed the BSE Sensex even as the advance decline ratio was in favour of the bulls.

Several penny stocks participated in the risk on rally in Monday trading session with few locked in the upper circuit.

Following stocks were seen locked in the upper circuit in Monday Trading Session:

Sr No

Upper Circuit Stocks

LTP

Price Gain (%)

1

JP Infra

1.9

2.7

2

Shriram EPC

5.25

5

3

HCC

9.95

4.74

4

JP Associates

8.95

4.68

5

Diamond Power

1.2

4.35

6

Mercator Ltd

1.85

2.78

7

Llyod Steels

3.05

3.39

8

Cox & Kings

1.65

3.13

9

BAG Films

2.75

3.77

10

Goenka Diamonds

1.35

3.85