Penny Stocks Locked in the Upper Circuit on Jun 15, 2022

Domestic indices trade within a range with gains witnessed in Auto stocks. Wall Street indices were unable to bounce from a sharp sell-off on Monday on the fears that Federal Reserve will again hike interest rates by 50 basis points on Wednesday. Nasdaq Composite index edged up by 0.18%. The Dow Jones Industrial Average declined 0.50% and S&P 500 too lost 0.38%.

List of Penny Stocks Today: Jun 15

Following is the list of penny stocks locked in the upper circuit on June 15. Keep a close eye on these counters for the upcoming sessions.

Tracking a similar trend, Indian benchmark indices Sensex and Nifty 50 were trading sideways. At 11:20 am, the Nifty 50 was trading at the 15,724.45 level, slipping by 0.05%. Bajaj Finserv, Tata Steel and Grasim Industries Ltd were the top gainers whereas the top losers were Bharat Petroleum Corporation Ltd, HDFC Ltd and Nestle India Ltd.

Sensex was trading at a level of 52,670.98, down by 0.04%. The top stocks trading in green were Bajaj Finserv, Tata Steel and Mahindra and Mahindra. And, stocks pulling down the index were Hindustan Unilever Ltd, HDFC Ltd and Nestle India.

The Competition Commission of India (CCI) announced that it has approved Tata group-owned Air India’s proposal to acquire the entire shareholding in AirAsia India. Also, shares of Tata Steel soared as the company declared the final dividend of Rs.51 per share. Kirloskar Brothers Ltd was the trending stock as it surged over 11.50% and witnessed a spurt in volume by more than 2.22%.

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