Watch out for these penny stocks locked in the upper circuit on January 02

KMEW, Knowledge Marine & Engineering Works, saw a 10.55 per cent increase

The first trading day of the New Year was encouraging for equity benchmarks, mainly for purchases made by index heavyweights Tata Steel and ICICI Bank. Knowledge Marine & Engineering Works (KMEW), saw a 10.55 per cent increase, as part of the original contract, DCI gave KMEW an additional work order worth Rs. 16.50 crore.

At 11:27 IST, Barometer index S&P BSE Sensex is currently trading at 61,105 after rising by 265 points. Likewise, the S&P BSE Mid-Cap has increased 118 points and is currently trading at a price of 25,434. Correspondingly, the Small-Cap index is currently trading at 29,135 levels and is up 209 points.

The Nifty 50 index is also trading with slight gains of 74 points at 18,180 levels. In the same way, the Bank Nifty has climbed by 254 points and is now trading at a level of 43,241.

On December 30, the foreign portfolio investors (FPIs) turned out to be the net sellers 2,950.89 crores, while the domestic institutional investors (DIIs) were the net buyers of shares worth 2,266.20 crores.

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: