As soon as a news came, the shares of this pharmaceutical company rocketed, investors became rich – these penny stocks are locked in the upper circuit today Jubilant Pharmova Ltd jumped 10 percent
Investor sentiment improved overnight for global markets as investor sentiment improved, which lifted Wall Street indices. Its effect was also seen on the Indian market. The Indian market opened with a boom on Friday. At the same time, most of the Asian markets are open green. At 11 am, the BSE Sensex gained 0.38%. With this boom, the Sensex reached the level of 57,852. At the same time, the Nifty 50 index rose by 0.44% to reach the level of 17,060. HCL Technology, Infosys and Larsen & Toubro have become the top gainers on Sensex today. Whereas ITC Limited, Bharti Airtel and Asian Paints have proved to be market draggers.
With a gain of 2 per cent, BSE Realty has proved to be the best performing sector today. There has been a tremendous rally in the shares of DLF Ltd. There was a record rise in the capital goods and utility sectors. Losses are being seen in BSE Telecommunication and BSE Fast Moving Consumer Goods. Broader indices have done better. Today, 2,144 scrips advanced sharply and 971 scrips declined on BSE. The advance-decline ratio remained strongly in favor of advances. Jubilant Pharmova Ltd is among the top BSE Smallcap gainer today. The company’s stock has jumped 10 percent. The company has got additional loan facility from the Government of Canada. The CMO has received an additional line of credit from the Government of Canada for the expansion of its Montreal facility. Shares rocketed after this news. Whereas today these penny stocks have upper circuits. Investors should keep an eye on this in the coming trading days.
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