Watch out for these penny stocks locked in the upper circuit on August 19

The barometer index S&P BSE Sensex declined 219 points to trade at 60,078 levels at 11.08 am.

The key equity barometers continued to trade near the flat line amid bouts of volatility in the morning trade. Nifty continued to hold above the 17,650 mark. Meanwhile, the shares of power, utilities, and IT witnessed across-the-board buying.  

The share of Patel Engineering touched the upper circuit for the second consecutive day to reach a price of Rs 29.30 per share. Also, the share of Adani Enterprises is seen making a 52-week high for the fifth continuous day and trades at Rs 3,258.05 today. Moreover, the shares of Magna Electro Castings too made a 52-week high for the second successive day, reaching a price of Rs 357 per share. The share of PVP Ventures got locked in the upper circuit again today at a price of 8.63 per share. The shares of Precision Wires India zoomed 13 per cent on the back of high-volume trading seen on the exchange.  

The barometer index S&P BSE Sensex declined 219 points to trade at 60,078 levels at 11.08 am. S&P BSE Midcap index trades at 25,204, down by 82 points. S&P BSE Smallcap index fell only by 2 points to trade at 28,424 levels.   

Nifty index trades at 17,885 levels with a loss of 70 points. Likewise, Bank Nifty dropped 356 points to trade at 39,299 levels. The Top Gainers on Nifty are Adani Ports (4.56 per cent), Tech Mahindra (2.05 per cent), Larsen & Toubro (1.70 per cent), Infosys (1.01 per cent), and Wipro (0.98 per cent).  

Foreign portfolio investors (FPIs) sold shares worth Rs 1,706.00 crore on August 18 while domestic institutional investors (DIIs) sold shares worth Rs 470.79 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: