Penny Stocks Locked in the Upper Circuit on July 22, 2022

IT stocks are lagging behind as indices trade flat despite volatility. 

On Thursday, gains in heavyweight growth stocks and a rally in the late afternoon helped to boost the Wall Street indices. Following the release of the company's better than anticipated quarterly results, shares of Tesla soared by over 9%. The Nasdaq Composite Index climbed 1.36%, the Dow Jones Industrial Average advanced 0.51%, and the S&P 500 gained nearly 1%.

List of Penny Stocks Today: July 22

Following is the list of penny stocks locked in the upper circuit on July 22. Keep a close eye on these counters for the upcoming sessions.

Indian benchmark indices opened with smaller gains, reflecting the strength in the global markets. At 10:55 am, the Nifty 50 was trading at the 16,623.75 level, edged up by 0.11%. On the Nifty 50 index, the top gainers were UPL Ltd, Eicher Motors and Kotak Mahindra Bank whereas; Infosys, HCL Technologies and Tech Mahindra were the top losers of the session. 

Sensex was trading at a level of 55,739.18, gained by 0.10%. The top gainers were Kotak Mahindra Bank, Titan and HDFC whereas; Infosys, HCL Technologies and Tech Mahindra were the top draggers of the session. The rupee fell to 79.92 per US dollar. Elon Musk's Tesla dumped 75% of its Bitcoin holdings in 2022, just a year after describing Bitcoin as a digital asset with "long-term potential." 

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