Penny Stocks Locked in the Upper Circuit on October 17, 2022

penny stock

Penny Stocks to Buy
by 5paisa Research Team Last Updated: 2022-10-17T12:03:02+05:30

At 11.30 am on Monday, headline indices Sensex and Nifty 50 were trading marginally as global markets are facing extreme volatility owing to recession fears.

 The Sensex is at 58,144.06, up by 225 points or 0.39% and the Nifty 50 is trading at 17,249.95, higher by 64.25 points or 0.37%.

The top gainers in the Sensex pack were the State Bank of India, ICICI Bank, Infosys, Kotak Mahindra Bank, and IndusInd Bank. Whereas, the top losers were Larsen and Toubro, UltraTech Cement, Mahindra & Mahindra, Wipro, and Tata Steel.

List of Penny Stocks Today: October 17, 2022

Following is the list of penny stocks locked in the upper circuit on October 17. Keep a close eye on these counters for the upcoming sessions.

Sr No 

Stock 

LTP  

Price Gain (%) 

Mukat Pipes 

8.09 

9.92 

Sawaca Business Machines 

1.43 

9.56 

Dharani Finance 

7.77 

Mahalaxmi Seamless 

8.19 

Systematix Securities 

7.77 

AJEL 

9.04 

4.99 

Organic Coatings 

9.04 

4.99 

Devine Impex 

5.68 

4.99 

Grand Foundry 

4.64 

4.98 

10 

Shree Karthik Papers 

8.65 

4.98 

The Nifty Midcap 100 index is trading flat at 30,495.2,0, lower by 0.10%. The top three gainers of the index are Canara Bank, City Union Bank, and Bank of Baroda. Each of these scrips was up by more than 3%. Similarly, the top 3 stocks dragging the index include Tata Elxsi, Oberoi Realty, and Varun Beverages.  

On the sectoral front, stocks in private banks, the power sector, PSUs, and financial services were seen rising on the bourses. Whereas Oil & Gas, metal and energy sectors were some of the major losers on the bourses today. 

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About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Disclaimer

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

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