Watch out for these penny stocks locked in the upper circuit on Aug 1

At 10.58 am, the barometer index S&P BSE Sensex gained 380 points to trade at 57,951 levels.

The domestic equity barometers climbed steadily and reached their highest point of the day in the early trade. For the fourth straight trading session, the auto sector continued to rise. The paper stocks have seen soaring today. The shares of West Coast Paper Mills have skyrocketed by almost 16 per cent in today’s trading session. Apart from that, the shares of Andhra Paper, Pudumjee Paper Products, and NR Agarwal rallied over 10 per cent each. JK Paper, Emami Paper Mills, and Malu Paper Mills are some other stocks that soared more than 8 per cent each.    

At 10.58 am, the barometer index S&P BSE Sensex gained 380 points to trade at 57,951 levels. In the broader market, S&P BSE Midcap index was trading at 24,264, zooming 213 points. While S&P BSE Smallcap index too jumped 307 points to trade at 27,363 levels.   

Nifty index trades at 17,275 levels, rallying by 116 points. Likewise, Bank Nifty amplified by 227 points to trade at 37,718 levels. The Top Gainers are Mahindra & Mahindra (6.30 per cent), Tata Motors (3.98 per cent), Adani Ports (3.30 per cent), Cipla (2.64 per cent), and Hindalco Industries (2.46 per cent).  

Foreign portfolio investors (FPIs) bought shares worth Rs 1,046.32 crore on July 29 while domestic institutional investors (DIIs) sold shares worth Rs 0.91 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: