Penny Stocks Locked in the Upper Circuit on Jun 21, 2022

Indian market gains over 1.50% in the morning trade, led by IT stocks; Titan surges over 6%. Gains in Consumer durables and IT stocks set the Indian benchmark indices on course for their best session in over three weeks today. At 11:30 am, the Nifty 50 was trading at the 15,577.55 level, climbing by 1.48%. Sensex was trading at a level of 52,346.93, advancing by more than 1.45%. All the stocks on both the bourses were trading in the green territory. The top gainers on Sensex were Titan, HCL Technologies and State Bank of India.

List of Penny Stocks Today: Jun 21

Following is the list of penny stocks locked in the upper circuit on June 21. Keep a close eye on these counters for the upcoming sessions. 

On the sectoral front, BSE Consumer Durables, BSE IT and BSE Teck were the top gaining sectors with gains over 3.25%, 3% and 2.50%, respectively. Shares of Biofil Chemicals and Pharmaceuticals locked in 20% upper circuit whereas DCM Ltd, Gujarat Sidhee Cement and Subex Ltd were the top gainers that surged over 15% on BSE.

US stock markets were closed on Monday on the occasion of Juneteenth Day. Economists at Nomura Holdings Inc predicted that the US economy will likely fall into a mild recession by the end of 2022 as the Federal Reserve raised rates to combat the surging inflation. Earlier, the Bank of America too said that the US economy has a 40% chance of being in a recession next year.

 

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