Watch out for these penny stocks locked in the upper circuit on January 10
Heavyweights including HDFC Bank, Infosys, Reliance and TCS, which released its quarterly results the day before, were the main drags on the major indices.
Due to selling pressure in the banking and IT sectors, the Indian market indices Sensex and Nifty50 gave up early gains on Tuesday. Heavyweights including HDFC Bank, Infosys, Reliance and TCS, which released its Quarterly Results the day before, were the main drags on the major indices. However, gains in sectors like auto and metal prevented both the Sensex and Nifty50 from suffering further losses.
The barometer index, the S&P BSE Sensex, slipped by 511 points at 11:10 IST and is currently trading at a level of 60,236. The S&P BSE Mid-Cap has also dropped by 110 points, trading at a level of 25,290 at the moment. The Small-Cap index has also fallen by 73 points, trading at 28,854 levels.
The Nifty 50 index witnessed a fall of 135 points, trading at 17,966 levels. The Bank Nifty is currently trading at a level of 42,124 and has tumbled by 457 points as well.
On January 09, the foreign portfolio investors (FPIs) turned out to be the net sellers of shares worth Rs 203.13 crore, while the domestic institutional investors (DIIs) were the net buyers of shares worth 1,723.79 crore.
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: