Watch out for these penny stocks locked in the upper circuit on February 16

On February 15, the foreign portfolio investors (FPIs) turned out to be the net buyers of shares worth Rs 432.15 crores.

In line with positive developments in other international markets, Indian equities benchmarks opened Thursday's session in the green. The leading indices rose as a result of gains in shares of IT, real estate, and commodities. Positive macroeconomic statistics from the US helped to alleviate some worries around the globe about the possibility of persistently high interest rates.

The benchmark BSE Sensex gained 373 points, to 61,648 levels. Following it the S&P BSE Mid-Cap jumped by 162 points and is at a level of 24,803 levels. The Small-Cap index, too climbed by 215 points, trading at 28,077 level. 

The broader NSE index NIFTY soared 104 points, to 18,120 levels whereas, the Bank Nifty is currently trading at a level of 40,876 gained by 145 points.

On February 15, the foreign portfolio investors (FPIs) turned out to be the net buyers of shares worth Rs 432.15 crore and the domestic institutional investors (DIIs) turned out the net buyers of shares worth 516.64 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: