Watch out for these penny stocks locked in the upper circuit on December 29

For the second day in a row, there was some selling pressure on financial equities. Due to the expiration of monthly options, trading may be volatile.

The domestic equities indices reached a new intraday low while continuing their downward trend. For the second day in a row, there was some selling pressure on financial equities. Due to the expiration of monthly options, trading may be volatile. 

At 10:45 IST, the barometer index, The S&P BSE Sensex slipped by 359 points and is now trading at a level of 60,550. The S&P BSE Mid-Cap, too, has dropped 222 points and is currently trading at a level of 25,013. Also, the Small-Cap index is trading in red at 28,551 after falling by 94 points. 

The Nifty 50 index is also trading in red with a significant fall of 104 points at 18,018 levels. Similarly, the Bank Nifty plunged by 266 points and is now trading at a level of 42,561. 

On December 28, the foreign portfolio investors (FPIs) turned out to be the net sellers of shares worth Rs 872.59 crore, while the domestic institutional investors (DIIs) were the net buyers of shares worth 372.87 crore. 

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