Penny Stocks that Locked in upper circuit on 23 May 2023

In this article we know some Penny Stocks that Locked in upper circuit on 23 May 2023

The BSE Sensex increases by 200 points to 62K; the Nifty is above 18,400; and the price of Adani stock increases by up to 10%. The price of Adani Group stock surged for a third day in a row, with Adani Enterprises, the company’s primary stock, soaring by 10%. A surge in the price of Adani Wilmar’s stock followed closely behind. Additionally, all 10 stocks were trading in the green as the day began. A Supreme Court-appointed expert committee discovered that none of the Adani Group firms had broken any laws, which led to the rise. Investors believe Ambuja Cement to be the best long-term investment, followed by Adani Ports & Special Economic Zone.

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The BSE Sensex is up 206 points as of 10:40 am, trading at 62,170 levels. S&P BSE Mid-Cap also gained 125 points and is currently trading at a level of 26,467 points, while. The Small-Cap index also increased by 151, and it is currently trading at a level of $30,020. NSE index NIFTY50 is now trading at a level of 18,404 after increasing by 90 points. The Bank Nifty is also up 138 points to a level of 44,023 and is currently in the green.

The purchase of securities by foreign portfolio investors on May 22 was Rs. 922.89 crores, while domestic institutional investors (DIIs) were the net purchasers of shares worth Rs. 604.57 crores.

The list of penny stocks that were trapped in the upper circuit on Tuesday is shown below. For the following sessions, pay particular attention to these counters: