Watch out for these penny stocks locked in the upper circuit on March 28

On March 27, the foreign portfolio investors sold securities worth of Rs 890.64 crores.

Indian shares traded higher on Tuesday, tracking a rise in global equities on easing concerns over the banking system. The Vedanta board will discuss a dividend today. PNB Housing Finance board is to discuss rights issue and fund-raise. NHPC board will talk about fundraising. Kalyan Jewellers may engage in a block transaction of Rs 288 crore.  Paytm wallet is now widely accepted on all UPI QRs and online merchants. PNC Infratech was named the winning bidder for a project worth Rs 819 crore. Emami fixed April 12 as record date for buyback; share buyback to open on April 13 and close on July 19. 

As of 11:02 am, the BSE Sensex, is trading at 57,541 levels, showing a small fall of 112 points. The S&P BSE Mid-Cap index is also trading in negative with a loss of 157 points at 23,388 points. The Small-Cap index has dropped by 218 points and is currently trading at a level of 26,147 points. The NSE index NIFTY50 following the Sensex dropped by 48 points, to 16,937 levels. The Bank Nifty is currently trading at a level of 39,340 up by mere 91 points. 

On March 27, the foreign portfolio investors sold securities worth of Rs 890.64 crore and the domestic institutional investors (DIIs) were the net buyers of shares worth 1,808.94 crore. The Indian financial market will remain shut on Thursday, March 30, for Ram Navami holiday.  

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: