Watch out for these penny stocks locked in the upper circuit on July 4

Sensex opened in the red territory but recovered from the loss and is now trading with minimal gains.

Following the Asian peers on Friday, the Indian markets are also trading flat. Bulls lost because metal stocks continued to lose money despite the fact that other sectoral indices were generally rising. Stocks in the IT, car, and oil & gas sectors were at a low level. Metal and auto stocks will be in the spotlight as a result of firms' monthly sales and production data announcements, which showed that the economic recovery is gaining despite several obstacles.  

Sensex opened in the red territory but recovered from the loss and is now trading with minimal gains. The index has gained 13 points and was seen trading at 52,921 at 11.10 am. The Mid-Cap index too increased by 72 points and trades at 21,931 levels. Similarly, the Small-Cap index has improved 103 points and trades at 24,911 levels. In terms of sectoral indices, only FMCG & bankex, realty, consumer durables, and power sectors are trading in green with small gains.  

On the flip side, Nifty 50 index witnessed a fall, plunging 17 points to trade at 15,735 levels. However, Bank Nifty surged 205 points and trades at the level of 33,744. The Top Gainers include Induslnd Bank, Power Grid Corporation of India, ITC, ICICI Bank, and HCL Technologies. On the other hand, the Top Losers are ONGC, Hindalco Industries, Tata Steel, JSW Steel, and Cipla.  

Foreign portfolio investors (FPIs) sold shares worth Rs 2,234.74 crore on July 1 while domestic institutional investors (DIIs) bought shares worth Rs 1,310.71 crore.  

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