Penny Stocks Locked in the Upper Circuit on August 19, 2022

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Penny Stocks to Buy
by 5paisa Research Team Last Updated: 2022-08-19T12:22:48+05:30

Domestic indices fell sharply dragged by finance and realty stocks.  

Following Cisco Systems' optimistic outlook, which saw its shares surge 6%, major Wall Street indices ended the day slightly higher on Thursday, boosting the tech industry. The Nasdaq Composite added 0.21%, the Dow Jones Industrial Average edged up 0.05%, and the S&P 500 advanced 0.23%.

List of Penny Stocks Today: August 19

Following is the list of penny stocks locked in the upper circuit on August 19. Keep a close eye on these counters for the upcoming sessions.

Sr No 

Stock Name 

LTP 

Price Change (%) 

Utique Enterprises 

8.8 

10 

DCM Financial Services 

3.69 

9.82 

BKV Industries 

9.24 

Citiport Financial Services 

8.82 

City Online Services 

5.46 

Jagjanani Textiles 

1.47 

Narmada Macplast Drip Irrigation  

9.26 

4.99 

PVP Ventures 

8.63 

4.99 

Sudal Industries 

7.36 

4.99 

10 

Mayur Floorings  

5.89 

4.99 

BSE IT and BSE Teck gained in line with the rise in US IT and technology sector equities, while Indian benchmark indices fell. The top gaining sectors were BSE Power and BSE Utilities, both led by shares of Adani Green Energy, which surged more than 6%. The majority of the sectors were trading down, with the top two losers being the banking and real estate sectors.

At 11:45 am, the BSE Sensex declined 0.91%, reaching a level of 59,748. The Nifty 50 index slipped 0.93% to 17,789 level. On the Sensex, Larsen and Toubro, Infosys and Tech Mahindra were the top gainers, while IndusInd Bank, Bajaj Finance and Bajaj Finserv were the top losers.

In the broader markets, the BSE Midcap index plunged 1.11% and was trading at a level of 25,005, whereas the Smallcap index fell 0.67% and was trading at a level of 28,249.

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Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

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