Watch out for these penny stocks locked in the upper circuit on October 10

Due to selling pressure in early trade, the domestic equities benchmarks showed a considerable decrease.

Due to selling pressure in early trade, the domestic equities benchmarks showed a considerable decrease. Negative global indicators lowered investor sentiment. All the sectors on the BSE are trading in red, with auto, power and FMCG losing the most. 

At 10:42 a.m., the Sensex has dropped 752 points, trading at a level of 57,438 points. In addition, the BSE Midcap slipped by 314 points and is currently trading at a level of 25,070. Also, the BSE Smallcap index is trading in red, down by 208 points at a level of 28,974. 

The Nifty 50 index has similarly fallen by 226 points and is currently trading at a level of 17,087. The Bank Nifty, following the trend fell by 454 points and is currently trading at 38,723. 

On October 7, foreign portfolio investors (FPIs), were net buyers of shares worth Rs 2250.77 crores. Domestic institutional investors (DIIs), also turned out to be net sellers of shares worth Rs 545.25 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: