Watch out for these penny stocks locked in the upper circuit on February 24

The major equity indices saw modest advances during morning trading. While metal, power and utilities scrips fell, demand was high for realty and healthcare equities.

The major equity indices saw modest advances during morning trading. While metal, power and utilities scrips fell, demand was high for realty and healthcare equities. Olectra Greentech increased by 13.33 per cent. Olectra and Reliance established a technological partnership for the Hydrogen Bus. The next-generation transportation system will be made available to the Indian market by Olectra Greentech. 

At 10:38 am, the benchmark BSE Sensex is trading with a gain of 79 points, to 59,703 level. On the other hand, the S&P BSE Mid-Cap also increased by 65 points and is at 24,288 level. Whereas, the Small-Cap index, jumped by 104 points, trading at 27,731 level.  

The broader NSE index NIFTY increased by 18 points, to 17,529 level, while the Bank Nifty is currently trading at a level of 40,056 scaling up by 55 points. 

On February 23, the foreign portfolio investors (FPIs) turned out the net sellers of shares worth Rs 1417.24 crore and the domestic institutional investors (DIIs) turned out the net buyers of shares worth 1586.06 crore.   

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: