Watch out for these penny stocks locked in the upper circuit on September 9

In sync with the optimistic global cues, Indian markets opened Friday's trading session on a higher note. Investors also responded to the US Federal Reserve's hawkish remarks on interest rate increases. Back home, sectoral indices showed widespread purchasing with banking & metal sectors outperforming while auto, financial, IT, and media companies posting decent increases.  

At 10.43 am, Sensex was trading with decent gains of 300 points at a level of 59,989. Similarly, the Mid-Cap index surged 154 points and traded at the level of 26,050. The Small-Cap index, on the other hand, climbed 200 points to the level of 29,674.  

Nifty 50 index soared 94 points from its previous close, trading at a level of 17,892. Likewise, Bank Nifty rallied 385 points and was spotted at the level of 40,594. Foreign portfolio investors (FPIs) bought shares worth Rs 2,913.09 crore on September 8 while domestic institutional investors (DIIs) sold shares worth Rs 212.61 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: