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penny stocks: stock market volatile but this penny stock’s horse race, reached the upper circuit in intra-day MIGMG News


Mumbai: On Friday, the Indian market experienced some volatility. The Sensex and Nifty started with some gains. However, the initial profit remained short-lived. Banks, automobiles, FMCG, information technology and pharmaceuticals are doing steady business. The volatility comes ahead of the Reserve Bank’s announcement of its credit policy on Friday.

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The BSE Sensex was bullish. It rose by 23 points in the morning to 59,058.82. The most profitable stock in the Sensex is Dr. Reddy Laboratories, Titan, Ultratech Cement, Reliance Industries, Tata Steel and Wipro. Shares of NTPC, HDFC, Tech Mahindra, HDFC Bank and TCS were down. The BSE Midcap has risen by 175 points to close at 25,245.30. The BSE Smallcap Index rose by 236 points to close at 29,711.40.

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The Nifty 50 Index rose by 18 points to 17,658.45 points. Bank Nifty traded 25 points lower at 37,531.65. Grasim Industries, SBI Life Insurance, Coal India, JSW Steel and Dr Reddy Laboratories are trading higher in the Nifty 50 Index. Cipla, NTPC, HDFC, Tech Mahindra and HDFC Bank are trading lower.

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The following is a list of some of the penny stocks that jumped into the upper circuit at the beginning of the weekend session. Investors should keep an eye on these stocks for the upcoming session –

Share Current Price (Rs.) Price increase (%)
Nippon India 9.90 10.00
TCI Fi. 7.76 9.92
Excel 9.11 9.89
Skills Infra. 5.14 9.83

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