Watch out for these penny stocks locked in the upper circuit on March 24
In the morning session, the important market indices Sensex and Nifty saw modest gains and losses, respectively. The financial sector pulled down Indian equities as they opened on Friday but gains in IT firms prevented further declines in spite of Accenture's warning of decreased customer spending.
As of 11:09 am, the BSE Sensex is trading at 57,860 levels, showing a marginal fall of 64 points. The S&P BSE Mid-Cap index is similarly trading in negative with a loss of 124 points at 23,811 points. The Small-Cap index, likewise is down by 158 points and is currently trading at a level of 26,981 points.
The NSE index NIFTY50 following the Sensex has dropped by 32 points, to 17,044 levels. The Bank Nifty is currently trading at a level of 39,593, falling by mere 23 points.
On March 23, the foreign portfolio investors (FPIs) turned out the net sellers of shares worth Rs 995.01 crore and the domestic institutional investors (DIIs) turned out the net buyers of shares worth 1,668.85 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: