Watch out for these penny stocks locked in the upper circuit on January 13

The weaker dollar index and improved CPI numbers for the December month has acted as a favourable trigger for the market.

The Indian equity barometer is trading with modest losses. The weaker dollar index and improved CPI numbers for the December month has acted as a favourable trigger for the market. 

The barometer index, the S&P BSE Sensex, slipped by 204 points at 10:53 IST and is currently trading at a level of 59,753. The S&P BSE Mid-Cap has also dropped by 119 points, trading at a level of 25,027 at the moment. The Small-Cap index similarly dropped by 25 points, trading at 28,769 level. 

The Nifty 50 index also witnessed a fall of 37 points, trading at 17,820 level. Likewise, the Bank Nifty is currently trading at a level of 41,938 with a slight gain of 143 points. 

On January 12, the foreign portfolio investors (FPIs) turned out to be the net sellers of shares worth Rs 1,662.63 crore, while the domestic institutional investors (DIIs) were the net buyers of shares worth Rs 2,127.65 crore. 

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