These Penny Stocks are locked in the Upper Circuit on Wednesday.

These Penny Stocks are locked in the Upper Circuit on Wednesday.

by 5paisa Research Team Last Updated: 2022-04-04T14:21:12+05:30

The markets are trading volatile on Wednesday after closing in red on Tuesday. BSE Sensex on Wednesday is supported by the stellar performance of Bharti Airtel, SBI, Indus Ind Bank, ICICI Bank and Tech Mahindra. BSE Sensex is trading with gains of over 50 odd points.

The BSE Smallcap index is down by more than 1% while the BSE Midcap index slipped by 0.5% on Wednesday. Barring BSE Bankex and BSE Telecom index, all the other sectoral indices are trading in red.

Shares of the State Bank of India are trading with gains of more than 3% in Wednesday's trading session on an intraday basis. BSE Bankex is also helped by City Union Bank shares, which are up by 1.54%. Federal Bank shares are up by a little over 1% while Bandhan Bank share price is up by 1%.

Kotak Mahindra Bank and HDFC Bank are trading with minor losses on Wednesday.

BSE Telecom index is up by over 3%. Bharti Airtel shares are up by over 3% while Vodafone Idea shares have zoomed by over 5% thus helping the BSE Telecom index shine on a relatively volatile day for the markets. The share price of Indus Tower is up by over 3% on Wednesday.

Several penny stocks are seen outperforming the markets even as few of the penny stocks are locked in the upper circuit on Wednesday.

Following is the list of penny stocks that are locked in the upper circuit:
 

Sr No   

Stock Name   

LTP   

Price Gain (%)  

1  

Vikas Multicorp   

4  

3.9  

2  

Gayatri Highways   

1  

5.26  

3  

Viji Finance   

2.3  

4.55  

4  

Setubandhan Infra   

1.35  

3.85  

5  

Sathavahana ISP   

3.05  

3.39  

6  

Continental Seeds   

8.85  

4.73  

7  

Paranteral Drug   

3.2  

4.92  

8  

TV Vision   

2.5  

4.17  

9  

Hotel Rugby   

3.2  

4.92  

10  

Ankit Metal & Power 

3.3  

4.76  


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