These Penny Stocks Are Closed in the Upper Circuit Today!
BSE Bankex was trading in profit of over one per cent on the Bombay Stock Exchange. This happened because of the good performance of the shares of State Bank of India (SBI) and Bank of Baroda (BOB). BSE Power and BSE Financial Services also saw significant gains.
Crude prices fell by more than 3% on Friday due to concerns over a worldwide slowdown and sluggish demand for crude. Subsequently, BSE Oil & Gas and BSE Energy were among the top losing sectors in the opening session.
At 11:15 am on Monday, the BSE Sensex climbed 0.49% to reach the level of 58,203. The Nifty 50 index rose 0.42% to touch 17,257 levels. On the Sensex, State Bank of India, ICICI Bank and Infosys were the top gainers, while Larsen & Toubro, UltraTech Cement Company and Mahindra & Mahindra were top losers in the market.
In the first two weeks of October, foreign investors pulled out around Rs 7,500 crore from the Indian equity markets. Because of concern that central banks around the world will tighten monetary policy. This could slow global economic growth.
On the other hand, data provided by the commerce ministry showed the country’s exports grew by 4.82% to $35.45 billion in September, though the trade deficit widened to $25.71 billion.
Following is the list of penny stocks closed in upper circuit today. You can keep an eye on these stocks for the coming session.
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