Penny Stocks Locked in the Upper Circuit on September 29, 2022

Consumer durables and information technology stocks brought down the market, wiping off most of the early gains.  

Overnight, the Wall Street indices soared thanks to optimistic indicators. After ending on Tuesday at its lowest level since late 2020, the S&P 500 had its first gain in seven sessions. The S&P 500 surged 1.97%, the Nasdaq Composite Index climbed 2.05%, and Dow Jones Industrial Average gained 1.88%.

List of Penny Stocks Today: September 29, 2022

Following is the list of penny stocks locked in the upper circuit on September  29. Keep a close eye on these counters for the upcoming sessions.

The majority of Asian markets were trading higher, mirroring the positive trend on Wall Street. SGX Nifty indicated a brighter opening for India's broader index. Indian domestic indices began the day higher owing to notable gains in metals, utilities, power, and healthcare stocks. Both indices trimmed their early gains due to mixed investor sentiments. 

At 12:00 pm, the BSE Sensex edged up by 0.07%, reaching a level of 56,636. The Nifty 50 index rose 0.15% to the 16,883 level. On the Sensex, Sun Pharmaceuticals, ITC Ltd and Dr Reddy’s Laboratories were the top gainers, whereas Asian Paints, Tech Mahindra and Titan were the market draggers. 

The BSE Midcap index edged down by 0.02% and was trading at a level of 24,431 while the Smallcap index advanced 0.59% and was trading at a level of 28,033.

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