Watch out for these penny stocks locked in the upper circuit on March 10

Indian benchmark markets continued their upward momentum on Thursday and made a significant recovery.

Indian benchmark markets continued their upward momentum on Thursday and made a significant recovery following positive global markets as the crude oil prices fell more than 12 per cent. 

All sectoral indices are trading in positive except the metal. On the NSE index the Banking, Auto, Pharma, and Realty sectors outperformed in the range of 0.5 to 3.5 per cent gain. The FII outflow of Rs 4818.71 crore was seen and the domestic investor inflow of Rs 3275.94 crore was seen yesterday. Also, the investors projected buying sentiments as the current ruling party is seen wining assembly election results which will tone the ruling party approaches and future of general elections in 2024.  

The BSE Sensex index has swelled by 1313 points and is trading at 55,960.72. The top gaining stocks today are Axis Bank, Induslnd Bank, Bajaj Finserv, Hindustan Unilever, and ICICI Bank. BSE MidCap is also trading higher up by 426 points and is trading at 23,388.68 points. BSE SmallCap also has ascended by 616 points and is trading at 27,200.41.  

The Nifty 50 index is trading at 16,706.75 levels growing by 361 points. The top gaining stocks are Tata Motors, Axis Bank, Induslnd Bank, Bajaj Finserv, and Hindustan Unilever gaining more than 5 per cent each. The Stocks that have declined today are Coal India, Hindalco Industries, ONGC, Tech Mahindra, and HCL Technologies. 

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