Top Growth Stocks Trading at a Discount
Penny Stocks Locked in the Upper Circuit on August 12, 2022
Last Updated: 7th September 2023 - 05:05 pm
Domestic indices trade higher, powered by oil and energy stocks, after reversing early losses.
According to data, US producer prices (PPI) surprisingly declined in July as the price of energy products fell. Investors processed signs of slowing inflation and hoped that the Federal Reserve would now be able to slow interest rate hikes. The S&P 500 and Nasdaq finished in the red.
List of Penny Stocks Today: August 12
Following is the list of penny stocks locked in the upper circuit on August 12. Keep a close eye on these counters for the upcoming sessions.
Sr No |
Stock Name |
LTP |
Price Change (%) |
1 |
Johnson Pharmacare |
0.87 |
10 |
2 |
Natura Hue Chem Ltd |
4.74 |
9.98 |
3 |
Tarini International |
5.44 |
9.9 |
4 |
FCS Software Solutions |
2.94 |
9.7 |
5 |
Sea TV Network |
2.6 |
9.7 |
6 |
MPS Infotecnics |
0.84 |
9.09 |
7 |
Rajeswari Infrastructure Ltd |
7.98 |
5 |
8 |
Ekam Leasing and Finance |
5.46 |
5 |
9 |
5.04 |
5 |
|
10 |
HB Leasing And Finance |
4.83 |
5 |
The majority of sectors traded higher as domestic indices opened flat. In a market that was generally lacklustre, shares of NTPC Ltd rose 2.5% after the firm announced a dividend of Rs 3 per equity share. Oil and Natural Gas Corporation (ONGC), which saw gains of more than 4%, was the top gainer from the Nifty 50 index. The trading volumes at ONGC, Tata Steel, and NTPC Ltd increased significantly.
At 11:50 am, the BSE Sensex rose 0.12%, reaching a level of 59,405.74. The Nifty 50 index advanced 0.14% to 17,684.50 level. On the Sensex, Tata Steel, NTPC Ltd and Power Grid Corporation of India were the top gainers, while Infosys, Maruti Suzuki, and Mahindra and Mahindra were the top losers.
In line with the US dollar's strength on the international market, the rupee depreciated to 79.71 against the US currency. In other developments, Bharat Forge rallied 7% following strong Q1 earnings. However, shares of Paytm fell 5% after the RBI announced strict guidelines for the digital lending sector.
Trending on 5paisa
Discover more of what matters to you.
Indian Stock Market Related Articles
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.