Penny Stocks Locked in the Upper Circuit on Jun 14, 2022

Domestic indices trim losses and traded higher led by Power and IT names. US equities tumbled on Monday on worsening fears about a possible recession. Nasdaq Composite Index slumped 4.68%. It lost nearly 9.50% in the last 5 trading sessions.

List of Penny Stocks Today: Jun 14

Following is the list of penny stocks locked in the upper circuit on June 14. Keep a close eye on these counters for the upcoming sessions.

The Dow Jones Industrial Average declined 2.79% and S&P 500 too lost 3.88%. Shares of Amazon Inc slipped 5.45% as NCLAT rejected Amazon’s plea challenging the decision of CCI to suspend the approval for a major deal with Future coupons and asked Amazon to pay a penalty of Rs 200 crore in 45 days.

Indian headline indices Sensex and Nifty 50 opened in red and were trading upwards after erasing early losses. At 10:40 am, the Nifty 50 was trading at the 15,812.45 level, edged up by 0.24%. Apollo Hospitals, Adani Ports and Special Economic Zone and Wipro Ltd were the top gainers whereas; the top losers were Bharat Petroleum Corporation Ltd, Oil and Natural Gas Corporation and Reliance Industries Ltd.

Sensex was trading at a level of 52,968.83, advanced by 0.23%. The top stocks trading in green were Power Grid Corporation of India, Wipro and Infosys Ltd. And, stocks pulling down the index were HDFC, HDFC Bank and Reliance Industries Ltd.

BSE IT too trimmed early losses and advanced by nearly 1%. Black Box was the trending stock as it surged nearly 15% on BSE. It is a trusted IT solutions provider delivering cutting-edge technology solutions and is a wholly-owned subsidiary of AGC Networks.

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