Penny stocks in the upper circuit, these penny stocks are locked in the upper circuit today even in a stable stock market

Mumbai – Major U.S. Wall Street indices rebounded in the session after posting a modest weekly sell-off in 2023. Asian indices also rose on Tuesday. Major Indian indices, however, were flat in the morning session despite upbeat global cues.

Indices experienced a modest rally on the back of rising gains in the auto and consumer goods sectors. But they tried to cut their losses to make the trade somewhat stable again. BSE Metals was the underperforming sectoral index. It lost more than 1%. While energy and oil and gas sectors also suffered significant losses.

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The BSE Sensex rose 0.03% to 59,304 at 10:25 am on Tuesday. The Nifty50 index rose 0.05% to 17,401. Mahindra & Mahindra, Tata Motors and Bajaj Finserv were the top gainers in the Sensex. While ITC Limited, Reliance Industries and Tata Steel were down.

Broader indices outperformed major indices. 1,726 shares advanced and 1,292 shares declined in the Mumbai Stock Exchange. Advance-decline ratio remained in favor of advance. Shares of Triveni Turbine Ltd rose more than 9% on the BSE Smallcap to touch a 52-week high. Shares of Foseco India Limited and Uflex Limited were also heavily bought by investors.

After Monday’s sharp decline, the capital markets were somewhat steady in early trading on Tuesday. Among them, some penny stocks managed to register value in the upper circuit. Following is the list of such shares. Investors should keep an eye on these stocks for the coming sessions –
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