These penny stocks are locked in the upper circuit today!

New Delhi: BSE Sensex is rising with red mark at 11:00 am. The Sensex is trending down 109 points at 60,696.01. In the border market, BSE Midcap declined 0.043% to trade 10 points lower at 24,870. Nifty PSU Bank is today’s top performer. PSU banks have seen a gain of more than 1.62%. On the other hand, Nifty Metal is proving to be the biggest loser with a loss of more than 0.76%. Top gainers included Adani Ports, HDFC Life, UPL, Bajaj Finance and Bajaj Finserv. Adani Enterprises, HCL Technology, Hindalco, Tata Steel and JSW Steel were among the top losers.

On the other hand, the Nifty 50 was trading in the red at 17852 with a decline of 0.23%. Bank Nifty saw a gain of 86 points and is trading at the level of 41,640.75 with it. 1831 scrips advanced and 1362 scrips declined while 160 scrips remained unchanged on BSE. The advance-decline ratio favors advances.

If we look at the condition of American markets, then the stock market has again closed down. The bad 30-year bond auction has led to an increase in Treasuries. This has been supported by the positive financial results of big collaborations like Jizzy and PepsiCo. The S&P 500 closed down 0.88%. While the Dow Jones closed down 0.73% and the Nasdaq index fell 1.02%. Investors should keep an eye on the penny stocks which have hit the upper circuit today in the coming trading days.

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