Penny Stocks: Stocks likely to be in focus tomorrow!

Leading gainers in the Nifty 50 index included TCS, L&T, and Infosys

On Tuesday, the Nifty index wrapped up the day with a slight dip of 0.02 per cent, while the Sensex index closed with a modest rise of 0.14 per cent, highlighting mixed results in the two primary stock indices.

However, the broader market segments depicted a contrasting picture, with the Nifty Midcap index suffering a substantial drop of 3.07 per cent, and the Nifty Smallcap index also concluding significantly lower by 4.1 per cent.

Regarding sectors, Nifty IT and Nifty Pharma emerged as the top performers, while Nifty Media, Nifty Realty, and Nifty Metal also saw gains. Leading gainers in the Nifty 50 index included TCS, L&T, and Infosys, whereas BPCL, NTPC and Power Grid experienced noteworthy declines.

The following Penny Stocks are likely to be in focus on Wednesday, September 13, 2023:

Brightcom Group- Heavy buying was witnessed in the counter as the scrip zoomed more than 7 per cent, recording an intraday high of Rs 18.40 per share on NSE. The scrip witnessed massive spurt in volume. Brightcom Group Ltd offers digital marketing solutions to businesses, agencies and online publishers worldwide.

Tirupati Forge - The scrip experienced significant buying activity, resulting in the stock surging and getting locked at 5 per cent upper circuit, reaching an intraday high of Rs 9.75 per share on NSE. The company manufactures mass quantity carbon steel forged flanges, forged components and other automotive components.

Alps Industries- A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 5 per cent upper circuit to record an intraday high of Rs 2.10 per share on NSE. Alps Industries is engaged in the business of textile business.

Here is the list of volume breakout penny stocks that witnessed heavy buying in today’s session (in NSE):  

Disclaimer: The article is for informational purposes only and not investment advice.