Watch out for these penny stocks locked in the upper circuit on March 14

Traders will be watching the publication of the U.S. consumer price index for February later in the day.

The Benchmarks for Indian equities fell as most major markets around the world fell amid ongoing concerns about Silicon Valley Bank (SVB) disruption. The failure and closure of another Signature Bank with a New York location further contributed to the unrest in the US banking sector, which negatively impacted investor sentiment. Meanwhile, traders will be watching the publication of the U.S. consumer price index for February later in the day.

At 10:55 am, the benchmark BSE Sensex trades at 58,058 levels with a loss of 179 points. The S&P BSE Mid-Cap have plunged by 155 point and is currently trading at a level of 24,014 points. Similarly, the Small-Cap index dropped by 248 points to trade at a level of 27,123 points.

While the broader NSE index NIFTY50 fell by 67 points, to 17,086 levels. While, the Bank Nifty is currently trading at a level of 39,261 falling by 303 points.

On March 13, the foreign portfolio investors (FPIs) turned out the net sellers of shares worth Rs 1,546.86 crores and the domestic institutional investors (DIIs) turned out the net buyers of shares worth 1,418.58 crores.

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: