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Watch out for these penny stocks locked in the upper circuit on June 1
Kaustubh Bhosale

Watch out for these penny stocks locked in the upper circuit on June 1

Nifty Oil & Gas, PSU bank, and metal indices, among others, are in the green.

The domestic markets have now entered the green zone. Nifty Auto, FMCG, IT, pharmaceuticals, and healthcare indices are all trading at a loss of approximately 0.50 per cent.  

 

Nifty Oil & Gas, PSU bank, and metal indices, among others, are in the green. On May 31, foreign portfolio investors (FPIs) sold Rs 1,003.56 crore worth of shares while the domestic institutional investors (DIIs) bought Rs 1,845.15 crore worth of shares. Brent crude for July 2022 settlement was up at $115.6 a barrel in the commodities market. The Indian rupee has lost 0.15 per cent of its value against the US dollar, trading at Rs 77.57 per dollar.  

  

BSE Sensex trades on the higher side, gaining 93 points and trading at a level of 55,660 at 11.35 am. S&P BSE Midcap index increased 69 points and trades at 23,213 levels. S&P BSE Smallcap soared 224 points and traded at 26,594 levels. Sensex Top Gainers include NTPC (2.11 per cent), HDFC (1.08 per cent), Asian Paints (0.91 per cent), HDFC Bank (0.83 per cent), and Tata Steel (0.81 per cent).   

   

Likewise, Nifty 50 index recovered its morning loss and trades in green, advancing by 23 points trading at 16,607 levels. Bank Nifty also jumped 231 points and is at a level of 35,719. The top gainers on Nifty 50 are JSW Steel (2.89 per cent), NTPC (2.18 per cent), Tata Consumer (1.86 per cent), Coal India (1.37 per cent), and Kotak Mahindra Bank (1.21 per cent).  

   

Following is the list of Penny Stocks that got locked in the upper circuit on Wednesday. Keep a close eye on these counters for the upcoming sessions:     

Sr. no.  

Stock name  

LTP   

Circuit limit (per cent)  

1  

Expo Gas Containers  

9.66  

9.9  

2  

Royal Cushion Vinyl Products  

9.87  

5  

3  

Vikas Lifecare  

5.46  

5  

4  

Earum Pharmaceuticals  

5.13  

4.91  

5  

Goenka Business & Finance  

9.66  

5  

6  

Birla Tyres   

7.77  

5  

7  

Croissance  

7.14  

5  

8  

Samtex Fashions  

3.99  

5  

9  

Kore Foods  

3.78  

5  

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