Watch out for these Penny Stocks locked in the upper circuit on July 12.

As the trading session commenced, the Sensex and Nifty exhibited a positive start, rising by 0.14 per cent and 0.13 per cent respectively.

Pre-market scenario: US equities surged on Tuesday prior to pivotal inflation reports, as JPMorgan and other financial stocks climbed in anticipation of forthcoming earnings. The Dow Jones ascended by 317.02 points, the S&P 500 advanced 29.73 points, and the Nasdaq Composite bolstered its standing by 75.22 points. Federal Reserve officials indicated the imperative of additional rate hikes to temper inflation, concurrently signaling the denouement of the ongoing cycle of monetary tightening.

At 9:30 AM: As the trading session commenced, the Sensex and Nifty exhibited a positive start, rising by 0.14 per cent and 0.13 per cent respectively. The Nifty Midcap and Nifty Smallcap indices followed suit, opening higher by 0.22 per cent and 0.7 per cent, respectively.

Among the sectoral indices, Nifty Energy, Nifty FMCG, and Nifty PSU Bank emerged as Top Gainers, while Nifty Auto, Nifty IT, and Nifty Realty faced losses. Noteworthy gainers from the Nifty 50 included ONGC, Titan, and UPL, whereas Indusind Bank, M&M, and Hero Motocorp faced losses.

The broader market sentiment appeared positive, with 1263 stocks advancing and 552 stocks declining.

On July 11, foreign institutional investors (FII) purchased shares worth Rs 1,197.38 crore, while domestic institutional investors (DII) sold shares worth Rs 7.25 crore.

Following is the list of Penny Stock that got locked in the upper circuit on July 12, 2023:

Investors should keep an eye on these Penny Stocks.