Watch out for these penny stocks locked in the upper circuit on May 30

BSE Sensex opened on a higher note, up by 1,149 points, and is trading at a level of 56,046.

The Indian benchmark indices have started the day on a positive note. On the back of good global cues, Indian markets opened today on a high note. Today's Asian markets have also sent some favourable signals to Indian equity markets. In April 2022, the rate of inflation in the United States fell to 6.3 per cent. The fact that US inflation is slowing is good news for the Indian stock markets.  

BSE Sensex opened on a higher note, up by 1,149 points, and is trading at a level of 56,046 at 11.15 am. S&P BSE Midcap index also trades higher by 427 points at 22,945 levels. S&P BSE Smallcap too rose by 534 points and trades at 26,156 levels. Sensex Top Gainers include Mahindra & Mahindra (5.43 per cent), HCL Technologies (4.73 per cent), Infosys (4.29 per cent), Titan (3.43 per cent), and Tech Mahindra (3.40 per cent).   

Likewise, Nifty 50 index zoomed 327 points and is trading at 16,679.95 levels. Bank Nifty also increased by 417 points and is at a level of 36,030.60. The top gainers on Nifty 50 are Mahindra & Mahindra (5.29 per cent), HCL Technologies (4.75 per cent), Titan (4.18 per cent), Infosys (4.15 per cent), and Adani Ports (3.61 per cent).  

Foreign portfolio investors (FPIs) sold shares worth Rs 1,943.10 crore on May 27 while the domestic institutional investors (DIIs) bought shares worth Rs 2,727.47 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: