Penny Stocks List: Upper circuit in these penny stocks due to fall in the market, there may be a chance to earn profit

Penny Stocks List: Upper circuit in these penny stocks due to fall in the market, there may be a chance to earn profit

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New Delhi : Markets declined in early trade on Friday amid weak global cues. The NSE Nifty-50 index slipped 0.21% and is hovering around the level of 18,259. While the S&P BSE Sensex has fallen 123 points. Also midcap and smallcap stocks are trading in positive zone. Yesterday, Dow Jones Industrial Average fell over 221 points from its previous close. But recovered and closed around 33,309. In contrast, the Nasdaq-100 index closed at 13,389 with a gain of 0.31% in the previous trading session.

In the commodity market, precious metals like gold and silver saw a decline of 0.71% and 4.8% respectively. While Brent crude futures regained its previous rally. Foreign institutional investors (FIIs) bought equity worth Rs 837.21 crore on Thursday. While domestic institutional investors (DIIs) sold equity worth Rs 200.09 crore.

Today it is important to keep an eye on the earnings reports of several major companies including CIPLA, DLF, Hindustan Aeronautics Limited, Hindustan Petroleum Corporation Limited, Tata Motors Limited and Vedanta Limited.

The advance-decline ratio remained in favor of gains with 1622 scrips advancing and 1513 scrips declining on the BSE. Tata Motors, Axis Bank, Bajaj Finance and Asian Paints were among the top gainers on the Sensex. While Power Grid Corporation, NTPC, Tata Steel and Infosys were in decline. Shares of BSE’s top smallcap gainer South Indian Bank gained over 11 per cent.

Here is the list of penny stocks stuck in upper circuit today. Keep an eye on these stocks for the coming session.

This article is powered by Dalal Street Investment Journal, India’s No. 1 Investment Magazine. Click here to get regular updates about Winning Stocks and Recommendations.

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