Watch out for these penny stocks locked in the upper circuit on January 31

Also, investors are keeping tabs on the Adani Group saga, the upcoming Union budget in new Parliament building on Wednesday and global central bank meetings.

Indian equity benchmarks, Sensex and Nifty50 gave up initial gains in a volatile session on Tuesday, ahead of the release of the Economic Survey 2022-23 later in the day. Also, investors are keeping tabs on the Adani Group saga, the upcoming Union budget in new Parliament building on Wednesday and global central bank meetings. 

The benchmark BSE Sensex fell 147 points or 0.25 per cent, to 59,353.34 levels. On the other hand, the S&P BSE Mid-Cap jumped by 201 points only and is at a level of 24,481.83 levels. The Small-Cap index, also soared by 352 points, trading at 27,949.01 level.  

Meanwhile, the broader NSE index NIFTY lost 36.20 points or 0.21 per cent, to 17,612.70. Whereas, the Bank Nifty is currently trading at a level of 40,493.25 climbing by 105 points. 

On January 30, the foreign portfolio investors (FPIs) turned out to be the net sellers of shares worth Rs 6,792.80 crore and the domestic institutional investors (DIIs) turned out the net buyers of shares worth 5,512.63 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: