upper circuit in penny stocks, these penny stocks are locked in the upper circuit today – these penny stocks are locked in the upper circuit today

Mumbai – A comforting retail consumer price index (inflation rate) in the US has eased interest rate concerns from the Federal Reserve. As a result, major indices on Wall Street rose on Tuesday night Indian Standard Time. Asian markets also experienced a boom. Meanwhile, Indian indices also opened Wednesday’s session higher on gains in energy, consumer goods and information technology stocks.

2,068 shares rose in the morning session and 1,217 shares declined in the Mumbai Stock Exchange. Advance-decline ratio remained in favor of advance. BSE Real Estate was the best performing sectoral index with a gain of over 1%. It was led by Phoenix Mills Limited with a rise in value. Only BSE Telecom and BSE FMCG were down on the major platforms.

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The BSE Sensex rose 0.39% to 62,774 at 11:15 am on Wednesday. The Nifty50 index rose 0.38% to 18,678. NTPC Ltd, Power Grid Corporation of India and Tech Mahindra were the top gainers in the Sensex. While shares of Nestlé India, Bharti Airtel and ICICI Bank fell.

Shares of Indo Rama Synthetics became the leading stock in BSE Smallcap. The share’s value increased by more than 11% with the increase in trading volume. Besides, shares of GIC Housing Finance and HT Media were bought by investors in large numbers. On Wednesday, bank stocks – particularly Yes Bank and UCO Bank were the top-grossing stocks in the Bombay Stock Exchange.

The capital market started on Wednesday with a bullish note. Some of those penny stocks reached the upper circuit. Their list is as follows. Investors should keep an eye on these stocks for the coming sessions –
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