Penny Stocks Locked in the Upper Circuit on September 12, 2022

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Penny Stocks to Buy
by 5paisa Research Team Last Updated: 2022-09-12T12:29:28+05:30

Indian benchmark indices trade strongly, backed by gains in IT and technology sector stocks.

On Friday, Wall Street indices rose on the back of strong global cues. Indian domestic indices opened higher today, mirroring gains in US markets.

With the strength of significant gains in IT and technology stocks, the BSE Sensex climbed by 400 points and recaptured its crucial 60,000 level. The broader markets outperformed the main indices. With gains of over 12%, Aurionpro Solutions led the BSE Smallcap pack and traded at a new 52-week high.

List of Penny Stocks Today: September 12, 2022

Following is the list of penny stocks locked in the upper circuit on September  12. Keep a close eye on these counters for the upcoming sessions.

Sr No  

Stock Name  

LTP  

Price Change (%)  

1  

Orient Tradelink  

9.9  

10  

2  

Corporate Courier and Cargo   

9.68  

10  

3  

Nyssa Corporation  

9.39  

9.95  

4  

Sharp Investments  

2.13  

9.79  

5  

Pacheli Industrial Finance  

8.4  

5  

6  

Kay Power and Paper   

6.93  

5  

7  

Heera Ispat   

4.2  

5  

8  

Archana Software  

3.15  

5  

9  

Viceroy Hotels  

2.52  

5  

10  

Diamant Infrastructure  

0.84  

5  

At 11:55 am, the BSE Sensex gained 0.71%, reaching a level of 60,215. The Nifty 50 index rose 0.69% to 17,956 level. The biggest gainers on the Sensex were Tech Mahindra, Infosys and Titan whereas Mahindra and Mahindra, HDFC and ITC Ltd were the top losers. 

In the broader markets, the BSE Midcap index added 0.85% and was trading at a level of 26,158 while the Smallcap index climbed 1.05% and was trading at a level of 29,838.  

In other news, the Reserve Bank of India (RBI) said that India's foreign exchange reserves fell by $8 billion to $553.11 billion as of the week ending September 2, the lowest level since October 9, 2020.

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