Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 surged by 0.70 per cent to close at 19,517, while both small-cap index and mid-cap index performed positively.

On Friday, Indian equity markets ended on a positive note. Nifty50 surged by 0.70 per cent to close at 19,517, while both Small-Cap index and Mid-Cap index performed positively. Among the Nifty 50 constituents, Cipla, IndusInd Bank, and Tech Mahindra emerged as the Top Gainers, while State Bank Of India, Bajaj Auto, and BPCL stood out as the Top Losers.

The following Penny Stocks are likely to be in focus on Monday, August 07, 2023:

HCL Infosystems- Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 20 per cent upper circuit, recording an intraday high of Rs 20.45 per share on NSE. HCL Infosystems Ltd is primarily engaged into value-added distribution of technology, mobility and consumer electronic products.

Digispice Technologies- The scrip experienced significant buying activity, resulting in the stock surging more than 18 per cent, reaching an intraday high of Rs 29.70 per share on BSE.  Digispice Technologies Limited (DTL) is primarily engaged in the information and communication technology business providing value added services and mobile content services to the domestic /international telecom operators and the development and sale of telecom-related software.

Taparia Tools- 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 2.31 per share on BSE. Incorporated in 1969 in collaboration with Swedish Company, Taparia Tools Ltd provides solution to hand tools requirements.

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

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