Watch out for these penny stocks locked in the upper circuit on October 09

Market at 10:00 AM, In the morning trading session, both the Sensex and Nifty have opened with losses, declining by 0.42 per cent and 0.43 per cent, respectively. Furthermore, BANK NIFTY plunged 0.87 per cent and FINNIFTY dipped by 0.81 per cent.

Furthermore, the Nifty Mid-Cap index has experienced a substantial drop of 1.34 per cent, while the Nifty Small-Cap index has opened significantly lower by 1.84 per cent.

Market volatility, as measured by the India VIX, has surged by 10.29 per cent, reflecting an increase in uncertainty and potential market turbulence.

Among the major sectors, Nifty IT is the only sector showing positive momentum, while Nifty PSU Bank, Nifty Media, and Nifty Metal have emerged as the Top Losers.

Notable gainers among Nifty 50 stocks include HCL Tech, Divi's Laboratories, and TCS, whereas Adani Ports, BPCL, and Adani Enterprises are among the leading decliners.

In terms of market breadth, the sentiment appears negative, with approximately 275 stocks advancing compared to 1,666 stocks declining, indicating a bearish tone in the broader market.

Following is the list of Penny Stock that got locked in the upper circuit on October 09, 2023:

Investors should keep an eye on these Penny Stocks.

Disclaimer: The article is for informational purposes only and not investment advice.