Watch out for these penny stocks locked in the upper circuit on December 06

On Tuesday, December 6, shares of Bajaj Consumer Care, surged by more than 5 per cent due to news of a buyback proposal.

On Tuesday, December 6, shares of Bajaj Consumer Care, surged by more than 5 per cent due to news of a buyback proposal. The price of Dhunseri Tea & Industries stock surged 14.97 per cent after the company signed an agreement with Apeejay Tea to purchase two tea estates in the Tinsukia District in the State of Assam for a total of Rs 109 crore. 

The barometer index, the S&P BSE Sensex, had a loss of 289 points at 11:05 IST and is currently trading at a level of 62,544. S&P BSE Mid-Cap also experienced a little decline in the overall market, dropping 110 points to a level of 26,238. The Small-Cap index declined by 58 points and is currently trading at 29,927 levels. 

The Nifty 50 index is now down 87 points and in the red, trading at 18,613 levels. The Bank Nifty decreased somewhat by 152 points as well, closing at a price of 43,178. 

On December 05, foreign portfolio investors (FPIs) were the net sellers of shares worth Rs 1,139.07 crore and the domestic institutional investors (DIIs) turned out to be net buyers of shares worth 2,607.98 crore respectively. 

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: