Watch out for these penny stocks locked in the upper circuit on March 20

Indian equity indices Sensex and Nifty50 began the week on a sour note amid mixed swings in other Asian markets.

Indian equity indices Sensex and Nifty50 began the week on a sour note amid mixed swings in other Asian markets, even as investors breathed a sigh of relief upon hearing of a purchase for the struggling Credit Suisse.  

At 10:19 am, the benchmark BSE Sensex trades at 57,345 levels with a substantial loss of 644 points. The S&P BSE Mid-Cap have also plunged by 302 points and is currently trading at a level of 23,809 points. Similarly, the Small-Cap index dropped by 271 points to trade at a level of 26,895 points. 

While the broader NSE index NIFTY50 plunged by 205 points, to 16,894 levels, the Bank Nifty is currently trading at a level of 39,145 falling by 452 points. 

On March 17, the foreign portfolio investors (FPIs) turned out to be the net sellers of shares worth Rs 1,766.53 crore and the domestic institutional investors (DIIs) turned out to be the net buyers of shares worth 1,817.14 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: