Penny Stocks Locked in the Upper Circuit on Jun 07, 2022

Sensex tanks 550 points, Nifty around 16,400; dragged by Consumer durables and IT stocks.

Wall Street indices closed slightly higher on Monday, led by Amazon and other mega-cap companies. Shares of Amazon rose more than 4% during its first day of trading since splitting its shares 20-for-1. Shares of Apple too surged as the company announced a new MacBook Air with the M2 chip and new iPhone software.

List of Penny Stocks Today: Jun 07

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

Asian stocks witnessed mixed global sentiments, whereas Japan’s Benchmark indicator Nikkei reached two month high on auto shares rally. Honda Motors and Toyota advanced over 2%. Benchmark indicator SGX Nifty indicated a gap down opening with a loss of 140 points.

At 10:35 am, the Nifty 50 was trading at the 16,424.30 level, down by 0.88%. The top gainers in the Nifty 50 pack were Oil and Natural Gas Corporation, Coal India and NTPC Ltd. On the other hand, the top losers were Titan Company Ltd, Dr.Reddy’s Laboratories and Hindustan Unilever Ltd. The Nifty Bank was at the level of 35,104.00 declined by 0.58%. The top performers were AU Small Finance Bank, Bank of Baroda and Bandhan Bank.

Sensex was trading at a level of 55,119.86, down by 1.00%. BSE Midcap index was trading at a level of 22,560.59, fell by 0.79%. BSE Smallcap index too slipped by 0.49% and was trading at a level of 26,111.10. The top gainers of Sensex were NTPC Ltd, Reliance Industries Ltd and State Bank of India. And, stocks pulling down the index were Titan Company Ltd, Dr.Reddy’s Laboratories and Hindustan Unilever Ltd.

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