Watch out for these penny stocks locked in the upper circuit on April 24

On Monday, Indian markets began higher as stronger Quarterly Results from industry giants ICICI Bank and Reliance Industries calmed some worries about a weak start to the earnings season. On Monday, ICICI Bank gained more than 2 per cent. The two firms' strong financial performance, which makes up approximately 20 per cent of the Nifty 50's overall weighting, may help to restore the public's confidence after it had been damaged by the poor performance and future prospects of the leading IT companies. 

As of 10:53 am, the BSE Sensex is trading at 59,704 levels, gaining by 50 points. While the S&P BSE Mid-Cap index is trading at a level of 24,830 points with small increase of 35points. The Small-Cap index is trading higher at a level of 28,313 soaring 79 points. The NSE index NIFTY50 trading sideways, currently in green up by 10 points to 17,634 levels. The Bank Nifty jumped by 235 points and is currently trading at a level of 42,353. 

On April 21, the foreign portfolio investors sold securities worth of Rs 2,116.76 crore and the domestic institutional investors (DIIs) were the net buyers of shares worth 1,632.66 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: