Watch out for these penny stocks locked in the upper circuit on December 12

PSU banks, media and oil & gas shares showed purchasing demand.

The major equity indexes experienced slight losses in morning trading. Negative global cues lowered investor confidence. Consumer durables, IT and healthcare equities experienced some selling pressure, while PSU banks, media and oil & gas shares showed purchasing demand. 

At 11:35 IST, the S&P BSE Sensex, a leading indicator, is currently trading at 62,158 levels after trading flat down by 22 points. Additionally, the S&P BSE Mid-Cap has risen marginally by 23 points to a level of 26,119. At 29,629, the Small-Cap index increased by 73 points. 

The Nifty 50 index is currently in green up by 16 points, trading at 18,513. Furthermore, the Bank Nifty is now trading at a level of 43,733 gaining 100 points. 

On December 09, foreign portfolio investors (FPIs) turned out to be net sellers of shares worth Rs 1,241.87 crore and the domestic institutional investors (DIIs) turned out to be net buyers of shares worth 388.85 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: