Watch out for these penny stocks locked in the upper circuit on December 15

The U.S. Federal Reserve raised its benchmark interest rate by 50 basis points to 4.50 per cent, the highest level in 15 years.

Amid bearish global cues, the major market indices witnessed minor losses in morning trade. The U.S. Federal Reserve raised its benchmark interest rate by 50 basis points to 4.50 per cent, the highest level in 15 years. 

At 11:03 IST, the barometer index, the S&P BSE Sensex is currently trading at 62,354 levels with decent losses of 323 points. Similarly, the S&P BSE Mid-Cap has small decline by mere 4 points to 26,388 levels. The Small-Cap index surged on the other hand by 85 points and trades at 30,071. 

The Nifty 50 index is currently slightly up 66 points, trading at 18,674 levels. The Bank Nifty also gained 122 points and is now trading at a level of 44,069. 

On December 14, foreign portfolio investors (FPIs) turned out to be net buyers of shares worth Rs 926.45 crore and also the domestic institutional investors (DIIs) were the net buyers of shares worth 372.16 crore. 

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