Penny Stocks Locked in the Upper Circuit on May 25, 2022

Penny Stock Update

Penny Stocks to Buy
by 5paisa Research Team Last Updated: 2022-08-08T18:53:53+05:30

 Domestic equity bourses Sensex and Nifty are off to a positive start on Wednesday morning with gains witnessed in the banking sector. 


List of Penny Stocks Today: May 25 


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

Sr No  

Stock Name  

LTP  

Price Change (%)  

1  

Arcee Industries Ltd  

7.92  

10  

2  

Super Fine Knitters Ltd  

6.6  

10  

3  

Elcid Investments Ltd  

2.1  

5  

4  

Beeyu Overseas Ltd  

3.79  

4.99  

5  

Impex Ferro Tech Ltd  

9.57  

4.93  

6  

Zenith Steel Pipes and Industries Ltd  

7.95  

4.88  


Overnight, the Wall Street indices seesawed amid mixed global cues and high inflation. The Dow Jones Industrial Average rose 0.15%. In contrast, Nasdaq and S&P 500 lost 2.35% and 0.81%, respectively. Heavy selling was seen in the shares of Tesla as the scrip slipped 6.93%. The stock lost more than 35% over a month since Musk announced the Twitter deal would be on hold.  

All the benchmark Asian indicators were trading in the green territory. SGX Nifty indicated a positive opening with a gain of 71 points. With the same impact, Sensex and Nifty 50 were also trading upwards.  

At 10:20 am, the Nifty 50 was trading at the 16,135.95 level, up by 0.07%. The top gainers in the Nifty 50 pack were SBI Life Insurance Company, HDFC Life Insurance Company and Grasim Industries Ltd. On the other hand, top losers were Adani Ports and Special Economic Zone, Asian Paints and Tech Mahindra Ltd. Nifty Bank was at the level of 34,608.60, advanced by 0.93%. The top performers were IndusInd Bank, Kotak Mahindra Bank and State Bank of India.  

Sensex was trading at a level of 54,077.86, edged up by 0.05%. BSE Midcap index was trading at a level of 22,079.90, slipped by 0.81%. BSE Smallcap index fell by 1.20% and was trading at a level of 25,572.98. The top performers of Sensex were IndusInd Bank, Kotak Mahindra Bank and Nestle India. And, stocks pulling down the index were Asian Paints, Tech Mahindra and Tata Consultancy Services Ltd.   

On the sectoral front, all of the indices were trading in red, except BSE Finance and BSE Bankex. BSE IT and BSE Teck were the most affected sectors. 

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