Watch out for these penny stocks locked in the upper circuit on April 05

After giving an outstanding performance for two days, BSE Sensex hit red territory and is seen trading at the level of 60,391.43, plunging 220 points.

The US market is up between 0.30 per cent and 19.8 per cent. Brent crude is trading at 109 per barrel. Deutsche Bank CEO foresees recession if Russian oil is cut off. India’s trade deficit widens by 87.5 per cent to a record $ 192 billion. The buyers predominantly outnumbered sellers to show positivity in the market. On BSE, 3,372 shares rose while 898 shares fell. On April 4, both FIIs, as well as DIIs, bought shares worth Rs 1,152.21 crore and Rs 1,675.01 crore, respectively.    

After giving an outstanding performance for two days, BSE Sensex hit red territory and is seen trading at the level of 60,391.43, plunging 220 points. On the contrary, BSE MidCap advanced 197 points and is trading at 24,955.34 levels. Keeping up the good pace, BSE SmallCap index has zoomed 402 points and trades at the level of 29,585.29. The gaining stocks on BSE Sensex are Titan (2.13 per cent), ITC (1.27 per cent), NTPC (1.25 per cent), TCS (1.15 per cent), and Mahindra & Mahindra (1.10 per cent).      

Nifty 50 index fell by a small margin of 38 points and is trading at 18,015.10 levels. Bank Nifty too fell following Nifty 50 by 296 points and trades at 38,338.60 levels. The major contributors to Nifty 50 are Eicher Motors (3.39 per cent), Adani Ports (3.05 per cent), Tata Motors (2.54 per cent), Titan (2.18 per cent), and ONGC (1.76 per cent).     

Following is the list of Penny Stocks that got locked in the upper circuit today. Keep a close eye on these counters for the upcoming sessions: