Watch out for these penny stocks locked in the upper circuit on January 24!

The Indian Indices corrected steeply on Monday and followed the Friday fall. The benchmark indices at BSE and NSE fell sharply by over 2 per cent each as concerns mounted over the spread of the new covid variant and weak global cues.

The Indian Indices corrected steeply on Monday and followed the Friday fall. The benchmark indices at BSE and NSE fell sharply by over 2 per cent each as concerns mounted over the spread of the new covid variant and weak global cues. The BSE Realty, Metal, and Consumer Durables Sectors weighed the most on pushing benchmarks Sensex and Nifty 50 off the cliff. Today the FII net selloff was recorded at Rs -3148.58 crore, and a DII inflow of Rs 269.36 crore was recorded.  

The BSE Sensex index fell by 1305 and is trading at a level of 57,731. BSE MidCap is trading at 24,166.67 down by 785 points. The gaining stocks today in the index are Muthoot Finance (0.99 per cent), Container Corporation (1.02 per cent), and Emami (0.35 per cent).  

BSE SmallCap is trading at 28,758.21 down by 1,209 points. The top gainers are Sharda Corpchem (13.33 per cent), Indian Tourism Development Corporation (8.85 per cent), Sandhar Technologies (3.16 per cent). 

The Nifty 50 index is also trading lower 2.10 per cent lower at 17,245 levels. The heavyweight’s contributors are Cipla, ONGC, and Bharti Airtel contributing the majority of the gain for the index. The stocks of JSW Steel, Tech Mahindra, Titan, and Hindalco Industries were among the top loser that dragged the index down. 

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