The main equity indices were trading with respectable gains on Tuesday. While PSU banks, IT, and oil & gas shares were in demand, shares in metal, pharmaceuticals, and media dropped.
At 11:00 IST, the S&P BSE Sensex, the barometer index, is trading in the green, up 334 points, and is at a level of 60,427. On the other hand, the S&P BSE Mid-Cap dropped by 28 points and is currently trading at a level of 25,057. The Small-Cap index, which also fell by just 17 points, is currently trading at a level of 28,812.
The Nifty 50 index is now trading at a level of 17,980, up 85 points. Similar to that, the Bank Nifty is currently up 49 points, trading at a level of 42,217.
On January 16, domestic institutional investors (DIIs) were the net purchases of shares worth 685.96 crore, while foreign portfolio investors (FPIs) turned out to be the net sellers of shares worth Rs 750.59 crore.
The list of penny stocks that were trapped in the upper circuit on Tuesday is shown below. For the following sessions, pay particular attention to these counters: