Watch out for these penny stocks locked in the upper circuit on December 07

RBI raised the repo rate by 35 basis points to 6.25 per cent, with the GDP forecast cut, the RBI governor kept the inflation forecast steady.

RBI raised the repo rate by 35 basis points to 6.25 per cent, with the GDP forecast cut, the RBI governor kept the inflation forecast steady. There was no signal that the rate hike cycle is coming to an end from the RBI governor.  

At 11:11 IST, the barometer index, the S&P BSE Sensex, lost 187 points and is now trading at 62,438 levels. In keeping with the market overall, S&P BSE Mid-Cap also saw a slight loss, falling 115 points to a level of 26,092. The Small-Cap index shed 165 points, trading at 29,724 levels. 

The Nifty 50 index is currently trading at 18,583 levels, down 58 points. The Bank Nifty also had a little decline of 122 points, trading at a level of 43,015. 

On December 06, foreign portfolio investors (FPIs) and the domestic institutional investors (DIIs) turned out to be net sellers of shares worth 558.67 crore and 635.35 crore respectively. 

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