Watch out for these penny stocks locked in the upper circuit on December 16

Sugar stocks were among the top-gaining stocks today. 

On Friday, amid volatility, the benchmark indices were trading down. On the sectoral front, all the indices ended on a negative note. BSE Services Index and BSE Realty Index were the top losing sectors plunged by more than 1.50 per cent respectively. Sugar stocks were among the top-gaining stocks today. 

At 15:30 IST, Sensex closed on a negative note, down around 462 points or 0.75 per cent at 61,337.81. In the broader markets, the indices traded lower with the BSE Mid-Cap index down by 1.45 per cent and the BSE Small-Cap index down by 1 per cent, respectively. Rajesh Exports Ltd was the top mid-cap stock up by 5.29 per cent to Rs 807.25 whereas Ugar Sugar Works Ltd was the top small-cap stock up by 16.87 per cent to Rs 101.50. 

The Nifty-50 also closed on a negative note, down around 146 points or 0.79 per cent at 18,269. Top Gainers of Nifty-50 were Tata Motors, up by 1.42 per cent to Rs 422.60 and Hindustan Unilever, up by 0.40 per cent to Rs 2674. 

About 1,414 shares have advanced, 2,120 declined and 128 are unchanged. Wall Street indices ended lower overnight after the latest Fed rate hike. Mirroring the weakness on Wall Street, the majority of global indices witnessed a downturn. 

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: