Watch out for these penny stocks that are locked in the upper circuit on June 16

In the early session, the benchmark indices were trading with significant increases. Both benchmarks are less than 1 percent away from all-time highs.

Indian equities climbed on Friday, buoyed by broad gains across sectors, with indexes approaching all-time highs. Wall Street closed higher on Thursday as statistics showed unexpected surges in retail sales in May, reflecting resilience in the consumer spending of the world's largest economy. Weekly unemployment claims exceeded expectations, indicating a tight labor market that may delay further rate hikes by the US Federal Reserve. Asian markets rose as the Bank of Japan maintained its ultra-easy monetary policy.

At 10:55 am, the BSE Sensex is currently trading at 63,207 points, representing a gain of 289 points. The S&P BSE Mid-Cap index has climbed by 140 points to 28,272 points. The Small-Cap index has also increased by 265 points, reaching a level of 32,315. The NSE index NIFTY50 has gained 75 points and is now trading at 18,764. Likewise, the Bank Nifty has jumped by 275 points to reach a level of 43,718.

On June 15, foreign portfolio investors bought securities worth Rs 3,085.51 crores, while domestic institutional investors (DIIs) were the net sellers of shares worth Rs 297.88 crores.

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The following is the list of Penny Stocks that got locked in the upper circuit on Friday. Keep a close eye on these counters for the upcoming sessions: