Share market, Sensex, Nifty fall, these penny stocks are locked in the upper circuit today

Mumbai – Major indexes on Wall Street in the US fell on Monday. Also, Asian markets were moving negatively on Tuesday. Japan’s Nikkei 225 index was the top loser. This was the result of the Bank of Japan widening the range of the yield target. In India, the rupee depreciated against the US dollar due to a significant sell-off in the capital markets and a rise in crude oil prices.

Major Indian indices started Tuesday on a lower note. Metals, real estate and information technology stocks suffered losses. Hindalco Industries rallied more than 3%, leading the overall BSE metal sectoral index to remain flat. Also, all the sectoral indices were moving downwards.

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The broader markets outperformed the major indices. 1,343 shares advanced and 1,842 shares declined in the Mumbai Stock Exchange. The advance-decline ratio remained on the decline side. Shares of Jai Balaji Industries rallied more than 12% amid such a negative capital market and attracted investors as the gainer in BSE Smallcap.

The BSE Sensex fell by 0.97% at 10:25 am on Tuesday. He had come up to 61,206. The Nifty 50 index fell 1% to 18,236. Axis Bank gained in Sensex. While Power Grid Corporation of India, Tech Mahindra and Hindustan Unilever Ltd were down.

Despite Tuesday’s decline in the Sensex as well as the Nifty, some penny stocks rallied in the upper circuit on Tuesday. Their list is as follows. Investors should keep an eye on these stocks for the coming sessions –
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