Watch out for these penny stocks locked in the upper circuit on April 08

In the US markets, Dow Jones and NASDAQ traded higher by 0.06 per cent & 0.43 per cent, respectively.

In the US markets, Dow Jones and NASDAQ traded higher by 0.06 per cent & 0.43 per cent, respectively. On BSE, the shares of Deep Industries zoomed 15 per cent to Rs 262.90 in today’s trading session. RBI Governor Shaktikanta Das said that India’s digital currency can replace cash transactions to some extent in India. The buyers outnumbered sellers to show positivity in the market. On BSE, 2,206 shares rose while 917 shares fell. The FII sold shares worth Rs 5,009.62 crore and the DII bought shares worth Rs 1,774.70 crore on April 07.  

BSE Sensex plunged on the fourth day by 123 points and is trading at a level of 58,910.96. On the flip side, BSE Midcap has gained 157 points and is trading at 25,227.67 levels. BSE Smallcap index soared 195 points and trades at a level of 29,671.47. The gaining stocks on BSE Sensex are Dr Reddy’s Laboratories (1.39 per cent), UltraTech Cement (1.12 per cent), Tata Steel (1.06 per cent), Titan (0.65 per cent), and Infosys (0.41 per cent).    

Also, Nifty 50 index slipped by a small margin of 7 points and is trading at 17,632.00 levels. Likewise, Bank Nifty plunged 98 points and trades at 37,458.70 levels. The major contributors to Nifty 50 are Grasim Industries (3.72 per cent), JSW Steel (2.22 per cent), SBI Life Insurance (2.17 per cent), Adani Ports (1.97 per cent), and Coal India (1.97 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: