Watch out for these penny stocks locked in the upper circuit on April 28

On the last day of April, dragged down by banks and financials such as Axis Bank and Bajaj Finserv, as investors were likely disappointed with their March quarter profits reported on Thursday.

The Indian stock benchmark BSE Sensex and Nifty50 were flat with a negative bias on the last day of April, dragged down by banks and financials such as Axis Bank and Bajaj Finserv, as investors were likely disappointed with their March quarter profits reported on Thursday. On the other hand, the IT index soared higher as shares of Wipro, Tech Mahindra and LTI Mindtree rose after the Street appeared to welcome the businesses' earnings and other corporate announcements. 

As of 10:35 am, the BSE Sensex is trading at 60,570 levels, falling 78 points. While the S&P BSE Mid-Cap index is trading at a level of 25,302 points rising by 143 points. The Small-Cap index is trading higher at a level of 28,818 climbing 163 points. The NSE index NIFTY50 is trading with volatility, down by mere 7 points at a level of 17,906. The Bank Nifty likewise dropped by 168 points and is currently trading at a level of 42,832 level. 

On April 27, the foreign portfolio investors bought securities worth of Rs 1,652.95 crore and the domestic institutional investors (DIIs) were also the net buyers of shares worth 97.07 crore.  

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