Penny Stocks Locked in the Upper Circuit on Jun 01, 2022

penny stocks

by 5paisa Research Team Last Updated: Sep 07, 2023 - 05:05 pm 26.2k Views

Wall Street indices closed lower amid negative global cues as investors were worried about rising inflation and the Federal Reserve’s aggressive comments on it.

The Dow Jones Industrial Average fell 0.67% and S&P 500 slipped 0.63%. Along similar lines, Nasdaq too fell by 0.41%.

List of Penny Stocks Today: Jun 01

Following is the list of penny stocks with only buyers on Wednesday on an intraday basis: 

Sr No    

Stock Name    


Price Change (%)    


Objectone Information Systems Ltd




Superfine Knitters Ltd




Expo Gas Containers Ltd




Ashirwad Capital Ltd




Krishna Filament Industries Ltd



SGX Nifty indicated a negative opening with a loss of 24 points. On Wednesday, the equity markets are trading within a range. Capital goods stocks are seen outperforming with Elgi Equipment being the top BSE Capital Goods Index gainer; strengthening by 6%. Timken is up by a little over 5%, HAL by 4% and BEL by 3.20%. Metal stocks and banks are also seen outperforming the key benchmark indices in a range-bound afternoon session.

The advance-decline ratio is in favour of the advances with as many as 1885 stocks advancing to 1292 stocks declining. At least 225 stocks have hit the upper circuit and 159 stocks are locked in the lower circuit.

Polyplex with gains of more than 10% is catching investors' attention so is RHIM, Hemisphere Properties and DCal with extraordinary intraday gains on Wednesday.

On the sectoral front, all of the indices were trading sideways with BSE Metal and BSE Energy being the top performers.

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