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

The barometer index, S&P BSE Sensex declined mere 11 points to trade at 58,841 levels at 10.52 am.

Due to mixed sentiments on Wednesday among Asian counterparts, the Indian markets traded on the lower side. Broad-based selling pressure during June 2022 quarterly earnings pulled down the major indices like Sensex and Nifty 50. Investors will be watching the US monthly inflation statistics that is set to be released tonight. On Wednesday, Asian markets were trading lower as investors absorbed China's inflation statistics and awaited the release of the CPI report in the United States.  

The barometer index, S&P BSE Sensex declined mere 11 points to trade at 58,841 levels at 10.52 am. However, S&P BSE Midcap index trades at 24,570, up by just 14 points overall in the market. S&P BSE Smallcap index too increased 30 points to trade at 27,712 levels. The capital goods, as well as the metal sector, were the top performing sectors today. While information technology, oil & gas have corrected the most on Sensex.  

Nifty index trades at 17,523 levels, trading lower with a fall of 14 points. Meanwhile, Bank Nifty gained 116 points to trade at 38,354 levels. The Top Gainers on Nifty are Apollo Hospitals (4.35 per cent), Eicher Motors (1.54 per cent), ICICI Bank (1.40 per cent), UPL (1.28 per cent), and Induslnd Bank (1.21 per cent).  

Foreign portfolio investors (FPIs) bought shares worth Rs 1,449.70 crore on August 8 while domestic institutional investors (DIIs) sold shares worth Rs 140.73 crore.    

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