The stock market finally broke the range on Tuesday and Nifty broke the 24200 level on a closing basis. Nifty fell by more than 200 points and Sensex fell by 693 points. The market went into a downtrend on Tuesday.
However, amid this bullish profit booking in the market, some penny stocks hit an upper circuit. These stocks have been in an uptrend for the last few days and the direction of the market is not affecting these stocks.
These stocks saw a rise of up to 20 percent and closed after hitting the upper circuit. Under 100 rupees penny stocks are set for Wednesday.
After hitting the upper circuit on Tuesday, these 5 stocks can also show a rise in Wednesday’s market. Let’s see which are those stocks that can also show a rise in Wednesday’s market.
Lippi Systems
The stock of Lippi Systems Ltd saw a rise of 20 percent on Tuesday and closed at the level of Rs 20.01. Buyers are present in this stock and even after the upper circuit, buying may continue in this stock in Wednesday’s trading session.
Kalahridhaan Trendz
Back-to-back upper circuits are being seen in the stock of Kalahridhaan Trendz Ltd. On Tuesday, this stock closed at Rs 62.60 with a gain of 20 percent.
Buyers are present in large numbers in this stock and its momentum may continue in the coming days as well. Bullish sentiments remain in this stock which may continue on Wednesday as well.
Saboo Sodium Chloro
Saboo Sodium Chloro Ltd’s stock rose 14% on Tuesday and closed at Rs 23.70. This stock may also see a rise on Wednesday, as the uptrend of this stock may continue.
Cian Agro Industries & Infrastructure Ltd (CIAN)
CIAN Agro Industries & Infrastructure Ltd’s stock rose 20% on Tuesday and closed at Rs 52.82. This stock may remain bullish on Wednesday as well, as buyers’ interest can be seen in it once again.
Comfort Commotrade
Comfort Commotrade Ltd’s stock rose 13% on Tuesday and closed at Rs 37.00. Buyers took a good interest in this stock. This stock may also see a rise on Wednesday.
Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations.
