Penny Stocks Locked in the Upper Circuit on September 20, 2022

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Penny Stocks to Buy
by 5paisa Research Team Last Updated: 2022-09-20T16:38:12+05:30

Benchmark indices in India rise in line with the upward trend in global indices. 

Due to declines in healthcare and energy stocks, Wall Street indices fluctuated between modest gains and losses but managed to finish slightly higher. The Nasdaq Composite Index advanced 0.76%, Dow Jones Industrial Average rose 0.64%, and the S&P 500 added 0.69%. 

All of the major Asian markets were trading in the green territory. The SGX Nifty predicted an upbeat start for India's broader market. The Indian headline indices began strongly, mirroring the momentum seen in global markets. With all sectors advancing, BSE Consumer Durables and BSE Auto were the top performing sectors, both gaining more than 2%.

List of Penny Stocks Today: September 20, 2022

Following is the list of penny stocks locked in the upper circuit on September  20. Keep a close eye on these counters for the upcoming sessions.

Sr No  

Stock Name  

LTP  

Price Change (%)  

1  

Sharanam Infraproject and Trading  

1.1  

10  

2  

Ridings Consulting Engineers   

6.75  

9.93  

3  

Econo Trade (India)  

9.09  

9.92  

4  

Vision Cinemas   

1.51  

9.42  

5  

Unjha Formulations  

9.45  

5  

6  

Global Capital Markets  

7.56  

5  

7  

Mayur Leather Products  

7.35  

5  

8  

Ankit Metal & Power  

6.3  

5  

9  

Picturehouse Media  

5.46  

5  

10  

Archana Software   

4.2  

5  

All of the major Asian markets were trading in the green territory. The SGX Nifty predicted an upbeat start for India's broader market. The Indian headline indices began strongly, mirroring the momentum seen in global markets. With all sectors advancing, BSE Consumer Durables and BSE Auto were the top performing sectors, both gaining more than 2%. 

At 12:05 pm, the BSE Sensex surged 1.39%, reaching a level of 59,962. The Nifty 50 index gained 1.43% to the 17,874 level. IndusInd Bank, Bajaj Finance, and Tata Steel were the top gainers on the Sensex, while Nestle India was the market dragger with slight losses.  

In the broader markets, the BSE Midcap index soared 1.97% and was trading at a level of 26,020 while the Smallcap index climbed 1.45% and was trading at a level of 29,571.

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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. Also, The

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