Penny Stocks that Locked in upper circuit on 26 May 2023

In this article we know some Penny Stocks that Locked in upper circuit on 26 May 2023

The Nifty 50 was down 0.22% at 10:30 am, trading at the level of 15,990.00. Nestle India Ltd., HDFC Bank, and Housing Development Finance Corporation Ltd. were the top gainers in the Nifty 50 pack. Top losers, on the other hand, included Asian Paints Ltd., Bharat Petroleum Corporation Ltd., and Adani Ports and Special Economic Zone. Nifty Bank had risen by 0.57% to a level of 34,533.85. Axis Bank, AU Small Finance Bank, and HDFC Bank had the best results.

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Sensex was down 0.24% in trading at a level of 53,618.99. BSE Midcap index was down 1.38%, trading at a level of 21,527.15. BSE Smallcap index traded at a level of 24,637.29 after declining by 1.93%. Nestle India Ltd., HDFC Bank, and Housing Development Finance Corporation Ltd. had the best Sensex performances. Additionally, Asian Paints, Bajaj Finserv, and Bajaj Finance Ltd. companies contributed to the index’s decline.

The purchase of securities by foreign portfolio investors on May 25 was Rs. 589.10 crores, and domestic institutional investors (DIIs) also net purchased shares worth Rs. 338.44 crores.

The list of penny stocks that were locked on Friday’s upper circuit is shown below. For the following sessions, pay particular attention to these counters:

The majority of the sectoral indexes were trading in the red, with BSE Power and BSE Utilities being the most negatively impacted industries.