Watch out for these penny stocks locked in the upper circuit on February 28

Investors look forward towards the announcement of today's final GDP numbers later today for the fourth quarter of 2022.

The key equity benchmarks traded with minor losses in early trade despite positive global cues. Nifty traded below the threshold of 17,400. Metal, oil & gas, and PSU bank shares fell, while auto, media, and FMCG companies rose. Investors look forward towards the announcement of today's final GDP numbers later today for the fourth quarter of 2022.

At 10:41 am, the benchmark BSE Sensex traded with a loss of 26 points, to 59,267 levels. The S&P BSE Mid-Cap on the other hand scaled up by 88 points and is at a level of 24,101 levels. Whereas, the Small-Cap index, rose by 81 points, trading at the 27,313 level. 

While the broader NSE index NIFTY fell by 9 points, to 17,392 levels, the Bank Nifty is currently trading at a level of 40,329, marginally up by 22 points.

On February 24, the foreign portfolio investors (FPIs) turned out the net sellers of shares worth Rs 2,022.52 crore and the domestic institutional investors (DIIs) turned out the net buyers of shares worth Rs 2,231.66 crore.  

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: