The Nifty 50 index was trading 1.10% lower at 15,466.35 points. On the Nifty 50 index, Bajaj Auto, Hero MotoCorp and Maruti Suzuki were trading in the green, while top losers included Hindalco Industries, JSW Steel Ltd and UPL Ltd.
Crude oil has slipped further to $110 a barrel. Hence, energy stocks are likely to remain under pressure. As a result, the BSE Energy Index fell nearly 2%. All sectoral indices fell in morning trade, with BSE Metals being the worst hit sector. It lost over 3.40%, led by shares of National Aluminum Company Ltd, JSW Steel and Hindalco Industries Ltd falling over 4.5%. On the other hand, auto-sector names saw gains.
Following is the list of penny stocks closed in upper circuit today. These stocks can be monitored for the coming session.
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