Watch out for these penny stocks locked in the upper circuit today

The broader market indices outperformed the frontline indices, resulting in strong market breadth: 2,196 stocks advanced, while only 525 declined.

The Indian equity benchmark indices opened on a stronger note on Thursday, but failed to sustain the level and witnessed a fall of over 1 per cent from intraday high. Indices managed to recover from the day’s low as the session progressed. By midday, the Nifty index had bounced back by over 150 points from its intraday low, trading at 22,416 with a modest increase of 0.36 per cent.  Likewise, the Sensex managed to pare its losses, moving above the 73,800 mark. However, the Nifty Bank index experienced a rise of 90 points, crossing above the 48,500 level. The India VIX index trading marginally down by 0.27 per cent, below the 14 mark.

Indian shares are seeing some relief after sharp falls over the last five months. The benchmark indexes, which logged their biggest daily rise in a month on Wednesday, gained as much as 0.8 per cent earlier in the session.

On the sectoral front, most indices traded in positive territory, led by gains in Nifty Metals and Nifty Oil & Gas. On the flipside, Nifty IT was the only decliner with a marginal drop. Broader markets displayed solid performance, with the Nifty Small-Cap 100 and Nifty Mid-Cap 100 indices up by 0.26 per cent and 1.14 per cent, respectively.

The broader market indices outperformed the frontline indices, resulting in strong market breadth: 2,196 stocks advanced, while only 525 declined.

Following is the list of Penny Stocks that got locked in the upper circuit on March 06, 2025:

Investors should keep an eye on these Penny Stocks.

Disclaimer: The article is for informational purposes only and not investment advice.