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

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Penny Stocks to Buy
by 5paisa Research Team Last Updated: 2022-08-08T18:58:00+05:30

IndusInd Bank climbs 5% on strong results while domestic indices are trading flat amid mixed global cues. 

On Wednesday, US equities finished higher, with the Nasdaq up 1.58% on favourable earnings reports. Shares of Netflix Inc surged more than 7% after the company forecasted a return to user growth despite reporting a smaller-than-expected 1 million losses in subscribers in the second quarter.

List of Penny Stocks Today: July 21

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

Sr No  

Stock Name  

LTP  

Price Change (%)  

1  

Space Incubatrics Technologies  

3.6  

9.76  

2  

Venlon Enterprises  

9.24  

5  

3  

Quasar India  

8.82  

5  

4  

Sc Agrotech   

7.98  

5  

5  

Shantanu Sheorey Aquakult  

2.31  

5  

6  

Ontic Finserv Ltd  

1.89  

5  

7  

Goyal Associates   

1.68  

5  

8  

T. Spiritual World Ltd  

1.26  

5  

9  

Jai Mata Glass   

0.42  

5  

10  

Ventura Textiles  

8  

4.99  

In contrast, Indian headline indices opened flat, swinging between little gains and losses earlier in the session. At 11:10 am, the Nifty 50 was trading at the 16,569.20 level, advancing by 0.29%. On the Nifty 50 index, the top gainers were IndusInd Bank, Hindalco Industries and Larsen and Toubro whereas; SBI Life Insurance, Kotak Mahindra Bank and Reliance Industries Ltd were the top losers of the session. 

Sensex was trading at a level of 55,540.26, gaining 0.26%. The top gainers were IndusInd Bank, Tech Mahindra and Bharti Airtel whereas; Kotak Mahindra Bank, Reliance Industries and HDFC Bank were the top draggers of the session. 

In relation to the US dollar, the rupee dropped to a new record low of 80.06. The currency is constantly falling due to a strong dollar, rising crude oil costs, and risk aversion in global markets. In other news, Tesla Inc liquidated a big amount of its Bitcoin holdings following turmoil in the cryptocurrency markets. 

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