Penny Stocks: Stocks likely to be in focus tomorrow!
Nifty50 dipped by 1.05 per cent to close at 19,526.55, while both small-cap index and mid-cap index performed negatively
On Wednesday, Indian equity markets ended on a negative note. Nifty50 dipped by 1.05 per cent to close at 19,526.55, while both Small-Cap index and Mid-Cap index performed negatively. Among the Nifty 50 index constituents, Divi's Laboratories, Hindustan Unilever, and Nestle India were the notable gainers, while Tata Steel, Hero Motocorp, and Tata Motors faced losses, leading the pack of Top Losers.
Each sectoral index closed in negative territory, with capital goods, PSU Bank, power, and metal sectors experiencing a decline of 2 per cent each. Similarly, auto, bank, realty, and oil & gas sectors also ended the session with a 1 per cent decrease.
The following Penny Stocks are likely to be in focus on Thursday, August 03, 2023:
Supreme Engineering- Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 10 per cent upper circuit, recording an intraday high of Rs 0.65 per share on NSE. Supreme Engineering Ltd is in the business of manufacturing steel products.
Reliance Power- The scrip experienced significant buying activity, resulting in the stock zooming more than 8 per cent, reaching an intraday high of Rs 18.38 per share on BSE. Reliance Power has been established to develop, construct and operate power projects both in India as well as internationally.
Flexituff Ventures International- A solid price volume breakout was seen at the counter today as the stock rallied more than 8 per cent to record an intraday high of Rs 32.25 per share on BSE. Flexituff Ventures International Ltd is engaged in the business of technical textiles. It manufactures flexible intermediate bulk container, geotextiles, BOPP woven bags and NPC drippers.
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Here is the list of volume breakout penny stocks that witnessed heavy buying in today's session (in NSE):
|
Penny Stock
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LTP (Rs)
|
Gain (per cent)
|
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Gayatri Highways
|
0.75
|
7.14
|
|
Jyoti Structures
|
10.55
|
4.98
|
|
Integra Essentia
|
6.6
|
4.76
|
|
Tirupati Forge
|
9.6
|
4.92
|
Disclaimer: This article is for informational purpose only and not an investment advice.