Watch out for these Penny Stocks locked in the upper circuit on July 11.

The Sensex and Nifty in India have opened higher, both increasing by 0.55 per cent.

Pre-market scenario: US stocks ended Monday with gains, recovering from previous week's losses. Federal Reserve officials' remarks indicated that the central bank might be approaching the conclusion of its tightening phase, which pleased investors.

 The upcoming consumer prices report is eagerly awaited as it will provide insights into price pressures and its effect on the Fed's interest rate strategy. The Dow Jones Industrial Average climbed 0.62 per cent, the S&P 500 rose 0.24 per crnt, and the Nasdaq Composite inched up 0.18 per cent.

At 9:30 AM, the Sensex and Nifty in India have opened higher, both increasing by 0.55 per cent. Nifty Midcap and Nifty Smallcap are also up by 0.68 per cent each. The India VIX, which measures market volatility, has decreased by 2.18 per cent.

Nifty Auto, Nifty Pharma, and Nifty Financial Services are leading in gains, while Nifty IT is experiencing losses.

In the Nifty 50, HDFC Life, Bajaj Finance, and Bajaj Finserv are the Top Gainers, whereas UPL, Hero Motocorp, and Wipro are the Top Losers.

The broader market sentiment appears positive, with 1426 advancing stocks compared to 411 declining stocks.

On July 10, foreign institutional investors (FII) purchased shares worth Rs 588.48 crore, while domestic institutional investors (DII) bought shares worth Rs 288.38 crore.

Following is the list of Penny Stocks that got locked in the upper circuit on July 11, 2023:

Investors should keep an eye on these penny stocks.