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Penny Stocks: Markets are flat.. But these rupee shares are going down nowhere.. All upper circuit!

The News GlorybyThe News Glory
09/06/2023
Penny Stocks: Markets are flat.. But these rupee shares are going down nowhere.. All upper circuit!

Penny Stocks: Domestic stock markets are falling again. Dalal Street indices started flat today. Looks like the order is going into more losses. In addition to mixed signals from international markets, RBI’s decision on interest rates is having an impact on the markets. Investors are being cautious with this. Currently Bombay stock index Sensex index has lost 97 points and is trading at 62 thousand 752. National stocks index Nifty 50 index is trading at 18 thousand 609 points with a loss of 25 points. While the shares of Indus Indi Bank, Axis Bank, Larsensa, Ultratech Cement, Adani Enterprises are in good profits, the shares of Tata Steel, HUL, Infosys, ONGC and M&M are trading in heavy losses. In the BSE Sensex index this morning, 1,731 shares continued to gain while 1,222 shares traded in losses. The advance decline ratio is still in favor of advances. Heibach Colorants India Limited was the top gainer in the BSE Small Cap Index. It increased by 12 percent in the beginning. This caused the small cap bulls to remain active. Also, the shares of One 97 Communications Limited are performing well in the BSE Large Cap Index.

Despite the uncertainty in the markets, these 5 penny stocks are gaining ground. Investors are rushing to buy these rupee shares. As a result, all the shares are locked in the upper circuit today. Investors are given huge profits. In this background, market experts suggest that the respective penny stocks should be included in their watch list. Let’s take a look at that list.

Serial no Stock name LTP A change in price
1 Kavveri Telecom Products Ltd 7.82 9.99
2 Seacoast Shipping Services Ltd 5.08 9.96
3 Shangar Decor Ltd 3.82 9.77
4 ECS Biztech Ltd 9.66 5
5 NB Footwear Ltd 4.41 5

Note: This article is contributed by Dalal Street Investment Journal, the number 1 investment magazine. Click on this link for updates.

Disclaimer: This above is third party content and TIL hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not guarantee, vouch for or endorse any of the above content or its accuracy nor is responsible for it in any manner whatsoever. The content does not constitute any investment advice or solicitation of any kind. Users are advised to check with certified experts before taking anything investment decision and take all steps necessary to ascertain that any information and content provided is correct, updated and verified.

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