Watch out for these penny stocks locked in the upper circuit on October 03
In the early trade, the domestic equities indices saw large declines, reflecting the weakness of their Asian counterparts.
In the early trade, the domestic equities indices saw large declines, reflecting the weakness of their Asian counterparts. Asia's stock market sell-off comes after worries about a global recession increased due to tightening monetary policy and nervousness in the currency and bond markets.
The Sensex at 11:18 a.m. is trading in red, falling by 383 points to trade at a level of 57,043. BSE Midcap too, is down merely by 19 points and is now trading at a level of 24,834.
Whereas, BSE Smallcap index is currently trading at a level of 28,521 levels, showing an increase of 68 points.
The Nifty 50 index has also dropped marginally by 85 points and is currently trading at a level of 17,008. The Bank Nifty, following the trend, plunged by 325 points and is currently trading at 38,306.
On September 30, foreign portfolio investors (FPIs), were sellers of shares worth Rs 1,565.31 crores. Whereas, domestic institutional investors (DIIs), turned out to be net buyers of shares worth Rs 3,245.45 crore.
Following is the list of Penny Stocks that got locked in the upper circuit on Monday. Keep a close eye on these counters for the upcoming sessions: