Penny Stocks Locked in the Upper Circuit on April 18, 2022
At 11 am on Monday, headline indices Sensex and Nifty were shocked by a 2% fall in the levels, amidst higher dollar appreciation and rising crude oil prices. The markets fell as the FED Chairman said that he might hike the interest by 50 bps instead of 25 bps in order to curb the rising inflation.
This sent the global markets into a downfall on Monday morning, with the US 10-year treasury yield rising to 2.864%.
The Sensex was at 57,109.41, down by 1,229.52 points or 2.11%, and the Nifty was at 17,148.60, down by 327.05 points or 1.87%.
The top gainers in the Sensex pack are NTPC, Tata Steel, Hindustan Unilever, Nestle India, and Mahindra & Mahindra. Whereas, the top losers were Infosys, Tech Mahindra, HDFC Bank, HDFC, and Wipro.
The Nifty Midcap 100 index is trading at 30,352.20 and is down by 1.44%. The top three gainers of the index are JSW Energy, Varun Beverages, and Bharat Electricals. Each of these scrips was up by more than 3%. Similarly, the top 3 stocks dragging the index include Mphasis, Mindtree, and Tata Power.
The Nifty Smallcap 100 index is trading at 10,596.65 down by 1.32%. The top 3 gainers of the index are Bharat Dynamics, BEML, and Caplin Labs. Each of these scrips was up by more than 5%. The top stocks pulling the index down were Alok Industries, Just Dial Company, and Birlasoft.
All the sectors on the NSE were trading in the red, with Nifty Media, Nifty Private Bank, and Nifty Healthcare dragging the core indices even more.
List of Penny Stocks Today: April 18
Following is the list of penny stocks locked in the upper circuit on Monday. Keep a close eye on these counters for the upcoming sessions.
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