Watch out for these penny stocks locked in the upper circuit on February 8!

The key equity indices tumbled further and hit fresh intraday low in mid-morning trade. Most Asian stocks were trading higher on Tuesday.

The key equity indices tumbled further and hit fresh intraday low in mid-morning trade. Most Asian stocks were trading higher on Tuesday. Investors in the region continue to assess the inflation and central bank policy outlook as on Tuesday, the Nifty IT continues to weigh down tracking mixed global cues market. Benchmark indices were trading flat in the volatile session with selling seen in the power, PSU banks names. Huge selling was seen on Monday by FII of Rs 1,157.23 crore and also by the DII of Rs -1,376.49 crore.  

The BSE Sensex index had gained by 81 points and is trading at a level of 57,702.99. BSE MidCap has fallen by 44 points and is trading at 24,397.48 points. The gaining stocks today in the index are Rajesh Exports (2.35 per cent), Cholamandalam Investment and Finance Company (2.34 per cent), and ICICI Securities (2.18 per cent). BSE SmallCap also weakened and is trading at 29,198.98 down by 281 points. The top gainers are Neuland Laboratories (13.07 per cent), TCPL Packaging (13.42per cent), and Shanthi Gear (9.42 per cent). 

The Nifty 50 index has gained and is trading at 17,239.75 levels after morning fall and now is up by 26 points. The major contributors are Bajaj Finance, Bajaj Finserv, Divis Laboratory, Titan, and Reliance contributing the majority of the gaining 1.3 per cent each. The stocks losing today are ONGC, Power Grid Corporation of India, TCS, Indian Oil Corporation, and SBI Life falling by more than 2.6 per cent each. 

Following is the list of penny stocks locked in the upper circuit today. Keep a close eye on these counters for the upcoming sessions.