Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 dipped 0.07 per cent to close at 19,646.05, while both small-cap and mid-cap index performed positively

On Friday, Indian equity markets ended on a negative note. Nifty50 dipped 0.07 per cent to close at 19,646.05, while both Small-Cap and Mid-Cap index performed positively. Among the constituents of the Nifty index, the prominent gainers were NTPC, Power Grid Corporation, Apollo Hospital, Adani Enterprises and M&M. On the other hand, notable losers included Bajaj Finserv, HDFC Bank, BPCL, Tata Motors and HCL Technologies.

The following Penny Stocks are likely to be in focus on Monday, July 31, 2023:

Centrum Capital - Heavy buying was witnessed in the counter as the scrip zoomed more than 12 per cent, recording an intraday high of Rs 24.50 per share on BSE. Centrum Capital Limited is a SEBI registered category-I merchant banker and financial services company and is engaged in investment banking, lending, wealth management services, broking services, trading of bonds and insurance.

Equippp Social Impact Technologies - The scrip experienced significant buying activity, resulting in the stock zooming getting locked at 5 per cent upper circuit, reaching an intraday high of Rs 34.20 per share on BSE. EquiPPP Social Impact Technologies Ltd provides technology solutions to various business sectors through collaborative platform and technologies.

Jet Airways (India) Limited- 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 48.90 per share on BSE. The principal activities of the company comprise scheduled air transportation which includes carriage of passengers & cargo and provision of related allied services.

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.