These penny stocks hit the upper circuit on Thursday, October 21

Several penny stocks are seen outperforming in the Thursday trading session as Sensex is down by more than 500 points.

The markets are once again in slippery mode with BSE Sensex going down by more than 500 points in the Thursday trading session. BSE Sensex is down by 0.84% while BSE Midcap index is down by 0.77% and Smallcap index is down by 0.54%.

The broader markets are showing relative strength when compared to the frontline indices.

The shares of Varroc engineering soared by more than 10% as HDFC AMC increased its stakes in the company by 0.58%. The stakes were purchased in the open market.

The BSE Sensex now has cracked by almost 900 points in three trading sessions.

Shopper Stop shares saw a price volume breakout along with IRB, Bank of Maharashtra, Finolex Industries, Kotak Mahindra Bank, DB Corp, Stride Pharma, Triveni Turbine, Sharda Corpchem, PI Industries, Sanofi India and GE T&D.

Kotak Mahindra Bank is the top BSE Sensex gainer up by 4.65% with a spurt in the volume by 2.40 times, on an intraday basis. The shares of U Gro Capital zoomed by 16.28% with a jump in volumes of over 2.95 times.

Several penny stocks were also seen outperforming the markets on October 21, 2021, with many penny stocks locked in the upper circuit.

Following is the list of Penny Stocks that are locked in the upper circuit on Thursday: