Watch out for these penny stocks locked in the upper circuit on June 20

Sensex opened in red on Monday, continuing its downwards journey.

Indian markets opened with marginal gains amid high volatility during opening bells on Monday, tracking mixed global cues. However, concerns about inflation, rising interest rates, and the possibility of a worldwide recession continue to remain in focus. In terms of sectoral indices on NSE, the FMCG and financial services sectors were marginally higher while metals nosedived 4 per cent, followed by Nifty IT, media, realty, banking, oil & gas stocks.  

Sensex opened in red on Monday, continuing its downwards journey. It is trading in red, down by 79 points at 51,281 at 10.32 am. Likewise, BSE Midcap index has dropped 273 points and trades at 21,022 levels. BSE Smallcap index plunged 509 points and trades at 23,624 levels. On the domestic front, except for realty; oil & gas, metal, and energy stocks underperformed the most. The only sectors in positive are FMCG, finance, and consumer durables.  

Similarly, Nifty 50 index recovered from the past losses but still traded in negative with marginal losses. It has slid 17 points and is trading at 15,275 levels. Bank Nifty declined 71 points and trades at a level of 32,671. The Top Gainers include Hindustan Unilever, HDFC, Britannia, Eicher Motors, and UltraTech Cement. On the other hand, ONGC, Tata Steel, Hindalco Industries, UPL, and JSW Steel have lost the most.  

Foreign portfolio investors (FPIs) sold shares worth Rs 7,818.61 crore on June 17 while the domestic institutional investors (DIIs) bought shares worth Rs 6,086.92 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: