Penny Stocks that Locked in upper circuit on 23 January 2023

The major market indexes continued their gains and hit a new intraday high during morning session. The car industry saw some bargain purchasing after prices dropped during the previous three days.

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With a gain of 371 points at 11:36 IST and a level of 60,993, the S&P BSE Sensex has reversed its losses and is now trading in the green. The S&P BSE Mid-Cap is currently trading at a level of 25,076 with an upside of 72 points. The Small-Cap index, on the other hand, decreased by just 24 points, trading at a level of 28,606.

The Nifty 50 index also gained 106 points and is currently trading at a level of 18,134. In a similar vein, the Bank Nifty is now up 336 points, trading at a level of 42,843.

On January 20, domestic institutional investors (DIIs) proved to be the net sellers of shares worth 1,509.95 crore and foreign portfolio investors (FPIs) the net purchases of shares worth Rs 2,002.25 crore.

The list of penny stocks that were trapped in the upper circuit on Monday is as follows. For the next sessions, pay particular attention to these counters: