Watch out for these penny stocks that are locked in the upper circuit on June 01
The domestic equities indices saw modest advances in the morning session.
While IT, pharma, and healthcare companies eked out a slight gain, private bank and auto stocks fell. With the majority of support from Democrats and Republicans, the House of Representatives passed a bill on Wednesday to suspend the $31.4 trillion debt ceiling, preventing a disastrous default.
As of 10:45 am, the BSE Sensex is trading at 62,715 levels, seeing a gain of 93 points. The S&P BSE Mid-Cap increased by 105 points and is trading at a level of 27,205 points. The Small-Cap index also jumped by 222 points and is trading at a level of 30,747. The NSE index NIFTY50 gained slightly by 27 points and is trading at a level of 18,561. The Bank Nifty on the other hand dropped by 41 points to a level of 44,086.
On May 31, foreign portfolio investors bought securities worth Rs 3,405.90 crores, and domestic institutional investors (DIIs) were the net sellers of shares worth Rs 2,528.52 crores.
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The following is the list of Penny Stocks that got locked in the upper circuit on Thursday. Keep a close eye on these counters for the upcoming sessions: