Watch out for these penny stocks locked in the upper circuit on March 22

The BSE Sensex index sunk on the second consecutive day by 158 points and is trading at a level of 57,133.

The brent and crude oil prices surge as supply risk mounts from the Russia-Ukraine war. RBI is going to execute a three-day meeting to discuss various factors before declaring the monetary policy next month. The Wall Street stocks declined as fed chairmen said “inflation is much too high” and pledged to take “necessary steps” to bring prices under control. Foreign investors (FII) sold shares worth Rs 2,962.12 crore and Domestic Investors (DII) bought shares of Rs 252.91 crore on March 21. 

The BSE Sensex index sunk on the second consecutive day by 158 points and is trading at a level of 57,133. BSE MidCap is trading in red down by 208 and is trading at 23,453 levels, SmallCap index declined by 88 points and trades at level of 27,722. The gaining stocks on BSE Sensex are Tech Mahindra (2.10 per cent), Reliance Industries (1.86 per cent), Power Grid Corporation of India (1.29 per cent), Infosys (1.17 per cent), TCS (1.06 per cent), and Wipro (0.47 per cent).   

The Nifty 50 index has fallen by 84 points and is at 17,032 levels. Bank Nifty has depreciated by 610 points and trades at 35,408 levels. The major contributors of Nifty 50 are ONGC (2.55 per cent), Tech Mahindra (2.08 per cent), Reliance Industries (1.77 per cent), and Infosys (1.18 Per cent). 

Following is the list of penny stocks locked in the upper circuit today. Keep a close eye on these counters for the upcoming sessions.