Watch out for these penny stocks locked in the upper circuit on January 30

After all seven of the listed companies suffered a significant hit near the conclusion of the previous trading week, all eyes will be on the Adani group stocks on Monday.

On Monday, Indian equities benchmarks started out in the green but quickly fell into the red territory. After all seven of the listed companies suffered a significant hit near the conclusion of the previous trading week, all eyes will be on the Adani group stocks on Monday. 

The benchmark BSE Sensex fell 117 points or 0.20 per cent, to 59,213.24 levels. The S&P BSE Mid-Cap dropped by 125 points only and is at a level of 24,213. The Small-Cap index, on the other hand gained by mere 11 points, trading at 27,635 level.  

While the broader NSE index NIFTY lost 53.65 points or 0.30 per cent, to 17,550.70. Similarly, the Bank Nifty is currently trading at a level of 39,972.60 showing degrowth of 372 points. 

On January 26, the foreign portfolio investors (FPIs) turned out to be the net sellers of shares worth Rs 5,977.86 crore and the domestic institutional investors (DIIs) turned out the net buyers of shares worth 4,252.33 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: