Watch out for these penny stocks locked in the upper circuit on January 17 Watch out for these penny stocks locked in the upper circuit on January 17 On January 16, the foreign portfolio investors (FPIs) turned out to be the net sellers of shares worth Rs 750.59 crore, Kaustubh Bhosale / Tuesday, January 17, 2023 / Article rating: 3.8 On Tuesday, the major equity indices were trading with respectable gains. Metal, pharma and media shares declined, while PSU banks, IT and oil & gas shares were in demand.