Penny Stocks Locked in the Upper Circuit on September 26, 2022

penny stock

Penny Stocks to Buy
by 5paisa Research Team Last Updated: 2022-09-26T12:09:26+05:30

Indian benchmark indices trade at massive losses, with 7 sectors falling by more than 3% each.

Fears that major economies will enter a recession as a result of raising interest rates to combat inflation caused the majority of US stocks to tumble on Friday. The Nasdaq Composite Index plunged 1.80%, Dow Jones Industrial Average slumped 1.62%, and the S&P 500 lost 1.72%.

List of Penny Stocks Today: September 26, 2022

Following is the list of penny stocks locked in the upper circuit on September  26. Keep a close eye on these counters for the upcoming sessions.

Sr No  

Stock Name  

LTP  

Price Change (%)  

1  

Ontic Finserve   

1.43  

10  

2  

Trimurthi Ltd  

9.87  

5  

3  

MSR India   

9.27  

4.98  

4  

Madhusudan Securities  

8.86  

4.98  

5  

Eureka Industries   

8.44  

4.98  

6  

Symbiox Investment & Trading  

6.95  

4.98  

7  

Shahi Shipping Ltd  

4.22  

4.98  

8  

Heera Ispat  

4.86  

4.97  

9  

VCK Capital Market Services  

4.65  

4.97  

10  

Munoth Communication   

3.38  

4.97  

Indian headline indices opened with sharp declines as a result of global weakness. Massive losses were observed in all sectors, with BSE Metals taking the worst hit. Jindal Steel, Vedanta, and Hindalco Industries shares all fell more than 5%, which contributed to a nearly 5% decline in BSE Metals.

At 11:40 am, the BSE Sensex lost 1.46%, reaching a level of 57,253. The Nifty 50 index fell 1.67% to the 17,037 level. On the Sensex, Nestle India, Infosys and HCL Technologies were the top gainers, whereas Power Grid Corporation of India, Tata Steel and NTPC Ltd were the market draggers.

Today's decline significantly impacted broader markets. The BSE Midcap index plunged 2.95% and was trading at a level of 24,525 while the Smallcap index slumped 3.40% and was trading at a level of 27,832.

Explore List of Penny Stocks

Learn More About: What are Penny Stocks?

 

Start Investing in 5 mins*

Get Benefits worth 2100* | Rs. 20 Flat Per Order | 0% Brokerage

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.

Open Free Demat Account

& get benefits worth 2100*

Resend OTP
Please Enter OTP
  • Have Promo code?
  • Use code ACT2100
Enter Promo code
Account belongs to

By proceeding, you agree to the T&C.

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number