Watch out for these penny stocks locked in the upper circuit on March 27

The S&P BSE Mid-Cap index, on the contrary is trading in negative with a loss of 73 points at 23,560 points.

On Monday, Indian shares rose after news of ongoing negotiations to buy the bankrupt Silicon Valley Bank comforted the markets but concerns about a worldwide financial system meltdown continues. 

As of 11:11 am, the BSE Sensex, is trading at 57,725 levels, showing a decent gain of 198 points. The S&P BSE Mid-Cap index, on the contrary is trading in negative with a loss of 73 points at 23,560 points. The Small-Cap index has dropped by 308 points and is currently trading at a level of 26,458 points. 

The NSE index NIFTY50 following the Sensex rose by 63 points, to 17,008 levels while, the Bank Nifty is currently trading at a level of 39,439, up by mere 44 points. 

On March 24, the foreign portfolio investors (FPIs) turned out the net sellers of shares worth Rs 2,555.53 crore and the domestic institutional investors (DIIs) turned out the net buyers of shares worth 1,720.44 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: