List of Penny Stocks: Penny Stocks Those Were Locked in the Upper Circuit on Monday, January 10

The headline indices Sensex and Nifty 50 were seen trading at 60,265, and 17,970 levels, respectively. The Sensex was up by 520 points or 0.87%, and Nifty was up by 158 points or 0.89%.

At 12.45 pm on Monday, the headline indices Sensex and Nifty 50 were seen trading at 60,265, and 17,970 levels, respectively. The Sensex was up by 520 points or 0.87%, and Nifty was up by 158 points or 0.89%.

The gainers in the Sensex pack are Maruti Suzuki, Infosys, ITC, Kotak Mahindra Bank, and Axis Bank. On the flip side, the top 5 losers were Wipro, Asian Paints, Nestle India, Dr Reddy’s Laboratories, and Hindustan Unilever (HUL).

The Nifty Midcap 100 index is trading at 31,318 and is up by 0.6%. The top 3 gainers of the index were BHEL, Federal Bank, and GMR Infrastructure. Each of these scrips was up by 4%. Similarly, the top 3 stocks dragging the index were Ipca Laboratories, L&T Technology, and Coforge Ltd.

The Nifty Smallcap 100 index is trading at 11,632, up by 1.22%. The top 3 gainers of the index were Alok Industries, Sunteck Realty, and KEC International. Each of these scrips was up by more than 8%. The top 3 stocks dragging the index were Sun Pharma Adv, JK Lakshmi Cements, and Tanla Platforms.

Almost all the sectoral indices on Nifty, were bullish, except for Nifty Oil & Gas, which was minimally down by over 2%. Nifty Consumer Durables was up the highest by 4.65%, followed by Nifty PSU and Pvt Bank, Nifty Auto, Nifty Realty, and Nifty Media.

The International Monetary Fund, IMF, has advised emerging economies to be prepared for the upcoming hike in the US interest rates which could disrupt financial markets and trigger capital outflows and currency depreciation abroad. In a blog published on Monday, the IMF expects robust growth and moderate inflation in the US post the rate hike. The IMF will release its global economic forecasts on January 25.

List of Penny Stocks Today: January 10

Following is the list of penny stocks locked in the upper circuit on Monday. Keep a close eye on these counters for the upcoming sessions.