Penny Stocks: These penny stocks, including Hanman Fit, turned silver today, locked on the upper circuit – these penny stocks are locked in the upper circuit today

Penny Stocks: These penny stocks, including Hanman Fit, turned silver today, locked on the upper circuit – these penny stocks are locked in the upper circuit today

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New Delhi: There was a boom in the stock market on Thursday. Sensex opened with green mark. The market is trading flat at 18,726.30 level with the NSE Nifty 50 index trading flat at 18,726.30 after some volatility and the S&P BSE Sensex declined 23 points, while the broader indices looked stable. Nifty Metal is trading up by 1.25% while Nifty IT is down by 0.49% today. In the US, the S&P 500 and the Nasdaq achieved their highest closes in 14 months. The gains were driven by data indicating modest increases in consumer prices during May. Which indicates that the Fed will not hike interest rates in the coming days. The S&P 500 ended the session at 4,369.01, up 0.69%. Similarly, the Nasdaq rose 0.83% to 13,573.32, while the Dow Jones Industrial Average gained 0.43% to close at 34,212.12.

There was a slight increase in oil prices on Wednesday. The impact of the unexpected increase in US crude reserves was seen. This shows that there is a lack of demand in the market. Those who are already worried about the economic slowdown and dismal Chinese economic indicators. Foreign institutional investors (FIIs) bought shares worth Rs 1,677.60 crore, while domestic institutional investors (DIIs) sold shares worth Rs 203.32 crore on June 13, according to provisional data from the National Stock Exchange.

The advance-decline ratio remained in favor of gains with 3555 scrips advancing and 1974 scrips declining on the BSE. On Sensex, Tata Steel, NTPC and Tata Motors were the top gainers. While Bharti Airtel, Bajaj Finserv and Bajaj Finance have been the market draggers. Shares of BSE top smallcap gainer Sangam India jumped over 17% in today’s session. Today it is locked from penny stock to upper circuit. Investors should keep an eye on this in the coming days.

This article is powered by Dalal Street Investment Journal, India’s No. 1 Investment Magazine. Click here to get regular updates about Winning Stocks and Recommendations.

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