Watch out for these penny stocks locked in the upper circuit on February 27

Investors are looking for domestic clues in a major India GDP report that is scheduled on Tuesday evening.

Indian indices Sensex and Nifty50 experienced significant losses on Monday as worries about further aggressive increases in benchmark interest rates continue to worry investors around the world. Investors are looking for domestic clues in a major India GDP report that is scheduled on Tuesday evening.

At 10:58 am, the benchmark BSE Sensex traded with a loss of 430 points, to 59,033 levels. The S&P BSE Mid-Cap also dropped by 321 points and is at a level of 23,857 levels. Whereas, the Small-Cap index, plunged by 387 points, trading at a 27,196 level. 

While the broader NSE index NIFTY fell by 139 points, to 17,326 levels, the Bank Nifty is currently trading at a level of 39,906 falling marginally up by 3 points.

On February 24, the foreign portfolio investors (FPIs) turned out the net sellers of shares worth Rs 1470.34 crore and the domestic institutional investors (DIIs) turned out the net buyers of shares worth 1400.98 crore.  

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