penny stocks, Penny Stocks: Profit in the stock market… Investors boom in these penny stocks! – these penny stocks are locked in the upper circuit today july 18 2022

by time news
Domestic stock markets are trading in gains. There are positive signs all over the world. Thus, the boom in IT stocks continues. Against this backdrop, penny stocks are also riding high on gains. Although the stock price is less than Rs 10, the profit has increased up to 5 percent. Let’s see what penny stocks hit the upper circuit today.

Domestic stock indices are in profit today. Our markets are also buoyed by positive signals from US and Asian markets. Broader markets are also running in gains, along with major indices. The BSE Midcap index rose 0.82 percent to 23,0404.94. The smallcap index ended 1.14 percent higher at 26,073.30.

Despite better-than-expected quarterly results, HDFC Bank was the biggest loser on the BSE Sensex. The bank’s consolidated net profit rose 20.9 percent year-on-year to Rs 9,579 crore in the first quarter of fiscal 2023. Total loans of HDFC Bank, the country’s largest private sector bank, fell after interest rates were hiked in May.

All sectors are operating in profit today. BSE IT and BSE Tech sectors are leading in today’s session. Both are up more than 2.5 percent. The BSE Sensex is currently up 478 points at 54,239.82. Tech Mahindra, Infosys and Wipro were top gainers on the BSE Sensex, while HDFC Bank, HDFC, Mahindra and Mahindra were top losers.

The Nifty 50 index rose 150 points to trade at 16,198.85. Tech Mahindra, Infosys and Hindalco Industries are among the gainers in the index. Britannia Industries, HDFC Bank and HDFC are loss making companies.

Some penny stocks are in profit in the upper circuit today. It is good to watch these stocks in the coming sessions.

Sr. NoStock NameLTPPrice Change (%)
1IO System Ltd5.045
2Quantum Digital Vision India4.415
3Risa International Ltd0.845
4Quasar India8.424.99
5Sulabh Engineers and Services54.99

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