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

penny stock

by 5paisa Research Team Last Updated: Sep 07, 2023 - 05:05 pm 14.9k Views
Listen icon

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?

 

How do you rate this blog?

or

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

oda_gif_reasons_colorful

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
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest Blogs
Swing Trading Stocks: Week of 11 December 2023

Swing Trading Stocks for the Week

Weekly Market Outlook for 11 December to 15 December

The Nifty index soared to a historic high of 21000 mark during the end of the week and ended just below it with weekly gains of about three and half percent. The Bank Nifty index outperformed with participation from the heavyweights and posted weekly gains of over 5 percent. 

India's GDP is growing, did you get an appraisal?

“India will become the third largest economy by 2030”, said a report recently released by S&P Global. People buzzed about this news right away. While other countries are struggling with inflation and recession, India seems to be heading towards economic greatness. According to S&P, India is set to grow by 7 percent in the fiscal year 2026-27 and become the third-largest economy by 2030.