Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 dipped by 0.46 per cent to close at 19,543.10, while both small-cap index and mid-cap index performed negatively

On Thursday, Indian equity markets ended on a negative note. Nifty50 dipped by 0.46 per cent to close at 19,543.10, while both Small-Cap index and Mid-Cap index performed negatively.

The following Penny Stocks are likely to be in focus on Friday, August 10, 2023:

Zee Media Corporation- Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 20 per cent, recording an intraday high of Rs 14.47 per share on BSE. The scrip witnessed some profit booking and closed 16.83 per cent up at Rs 14.09 per share on BSE. Zee Media Corporation Limited is an Indian news organization with interests in global, national and regional news channels and digital news publishing.

BAG Films & Media - The scrip experienced significant buying activity, resulting in the stock surging and getting locked at 20 per cent upper circuit, reaching an intraday high of Rs 5.55 per share on NSE. The scrip witnessed some profit booking and closed 18.28 per cent up at Rs 5.50 per share on NSE. BAG Films & Media, incorporated in 1993, is in the business of content production, distribution and allied activities.

Sakuma Exports- A solid price volume breakout was seen at the counter today as the stock rallied more than 11 per cent to record an intraday high of Rs 18.10 per share on BSE. The scrip witnessed some profit booking and closed 5.11 per cent up at Rs 17.06 per share. Sakuma Exports Ltd is engaged in buying, processing, marketing, exporting bulk agricultural commodities like sugar, edible oils, oil seeds, pulses, cotton, etc.

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.