Watch out for these penny stocks locked in the upper circuit on August 26

At 11.18 am, Sensex climbed 206 points and was spotted at 59,980.

The major equity indices saw just a small increase in the morning trade. All the sectoral indices on NSE were in the green with metal, consumer durables, and IT stocks recording huge gains.  

The shares of NELCO hit an upper circuit limit of 10 per cent. The company announced the beginning of Intelsat's inflight connectivity services in Indian skies through an agreement with Intelsat, India's leading satellite communication service provider.   

The shares of Syrma SGS Technology were trading at Rs 293.45 at 12.12 pm on BSE, a premium of 32.68 per cent compared with the issue price of Rs 220, while reaching intraday high of Rs 296.75. The IPO of electronic manufacturing services firm Syrma SGS Technology was subscribed 32.61 times.  

At 11.18 am, Sensex climbed 206 points and was spotted at 59,980. The Mid-Cap index also increased by 162 points, trading at a level of 25,182. Likewise, the Small-Cap index surged 170 points and is currently trading at the level of 28,485.  

Nifty 50 index is also trading higher, up by 75 points at the level of 17,597. Bank Nifty is currently trading at a level of 39,029, advancing by only 78 points.  

Foreign portfolio investors (FPIs) bought shares worth Rs 369.06 crore on August 25 while domestic institutional investors (DIIs) sold shares worth Rs 334.31 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: