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

Domestic indices trade flat as the rupee slips below Rs 80 per dollar for the first time in history.

US headline indices gained early on Monday after Goldman Sachs beat profit forecasts, extending the positive momentum from the previous week. Shares of Goldman Sachs Group Inc surged by 2.5%. The indices gave up their early gains and finished in the red. The Nasdaq Composite Index fell 0.81%, the Dow Jones Industrial Average declined 0.69%, and the S&P 500 slipped 0.84%. The rupee surpassed 80 per dollar for the first time in history as traders focused on central bank meetings, particularly the US Federal Reserve.

List of Penny Stocks Today: July 19

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

Domestic indices in India were trading flat, following mixed global cues. At 11:40 am, the Nifty 50 was trading at the 16,289.55 level, going up by 0.07%. On the Nifty 50 index, the top gainers were Axis Bank, Coal India and Bharti Airtel whereas; Nestle India, SBI Life Insurance and Infosys were the top losers of the session.

Sensex was trading at a level of 54,577.05, rising by 0.10%. The top gainers were Axis Bank, Bharti Airtel and UltraTech Cement Company whereas; Nestle India, HCL Technologies and Infosys were the top draggers of the session.

India has emerged as the top lender to Sri Lanka, providing credit worth USD 376.9 million. India is willing to invest more in Sri Lanka to help the country overcome its political and economic crisis after providing such a significant amount of credit to its neighbour this year.

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