These Penny Stocks are locked in the Upper Circuit on Monday.

The markets are trading at high levels with benchmark indices holding on to the early gains with Sensex crossing the 61,000 mark and Nifty around the 18500 level. Vedanta is the top BSE Sensex gainer with attractive gains of 12.31% while Hindalco and JSW Steel have gained by more than 6.03% and 3.54% each.

The BSE Metal Index is leading the sectoral peers and is up by 4.29%. Vedanta is seen shining the BSE Metal index on an intraday basis, up by 12.79%.

The broader market is seen outperforming the frontline indices with the BSE Midcap index up by 1.33% and SmallCap index up by 1.12%.

Tata Power is the top BSE Midcap index gainer, the stock has jumped attractively from its previous weeks close. On Monday, the stock is up by more than 15%, while NHPC has zoomed more than 13% and SJVN has soared by more than 10%.

BSE Oil & Gas, BSE IT, BSE Bankex and BSE Power indices are outperforming the benchmark indices on Monday.

In the small caps space, Vishwaraj Sugar Industries has given a positive breakout. The stock has broken the current resistance level on charts and is trading with a positive RSI.

Amid the bullish sentiment in the markets on Monday, several penny stocks were seen outperforming the markets.

Here is the list of penny stocks that are locked in the upper circuit on Monday: