Top Growth Stocks Trading at a Discount
Penny Stocks Locked in the Upper Circuit on July 12, 2022
Last Updated: 7th September 2023 - 05:05 pm
Domestic indices join the global stock rout on recession fears.
Monday's market in the United States was a bloodbath. Major Wall Street indices fell on fears of lower corporate profits as a result of rising inflation. The Nasdaq Composite Index slumped by 2.26%, Dow Jones Industrial Average declined 0.52%, whereas S&P 500 slipped 1.15%. Twitter shares plunged over 11% after Elon Musk announced that he would terminate his $44 billion deal to buy the social media platform. Twitter said it would sue Musk to compel him to make the purchase.
List of Penny Stocks Today: July 12
Following is the list of penny stocks locked in the upper circuit on July 12. Keep a close eye on these counters for the upcoming sessions.
Sr No |
Stock Name |
LTP |
Price Change (%) |
1 |
3.3 |
10 |
|
2 |
9.87 |
5 |
|
3 |
8.82 |
5 |
|
4 |
8.19 |
5 |
|
5 |
6.72 |
5 |
|
6 |
6.3 |
5 |
|
7 |
Ramasigns Industries |
5.46 |
5 |
8 |
4.41 |
5 |
|
9 |
Tilak Ventures Ltd |
3.15 |
5 |
10 |
Archana Software Ltd |
2.1 |
5 |
Tracking the weakness from the global markets, the Indian domestic indicators opened lower. At 11:40 am, the Nifty 50 was trading at the 16,124.65 level, falling by 0.56%. On the Nifty 50 index, the top gainers were Apollo Hospitals, NTPC Ltd and Adani Ports and Special Economic Zone whereas; Hindalco Industries, Eicher Motors and Titan were the top losers of the session.
Sensex was trading at a level of 54,113.67, declining by 0.52%. The top gainers were NTPC Ltd, Bharti Airtel and Wipro whereas; Titan, Tata Steel and Mahindra and Mahindra were the top draggers of the session.
The rupee weakened sharply to an all-time low of 79.58 against the US dollar. To promote global trade growth and to support rising global interest in the rupee, RBI announced the creation of a mechanism to settle international trade in rupees.
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