Penny Stocks: Stocks likely to be in focus tomorrow!

Sensex and Nifty 50 closed in a positive manner, registering a gain of 0.23 per cent and 0.24 per cent

On Tuesday, the Sensex and Nifty 50 closed in a positive manner, registering a gain of 0.23 per cent and 0.24 per cent. Notably, the Nifty Midcap stole the spotlight by delivering an impressive surge of 1.06 per cent, while the Nifty Smallcap also displayed significant growth, closing 0.77 per cent higher.

In the market's winners' circle, we find Nifty Media, Nifty Pharma, and Nifty Realty leading the pack, while Nifty Financial Services and Nifty Bank find themselves among the primary decliners.

Turning our attention to individual stocks within the Nifty 50 index, prominent gainers include Coal India, Apollo Hospitals, and Sun Pharma. Conversely, Ultratech Cement, SBI Life, and Dr. Reddy’s Laboratories stand out as the noteworthy losers.

The following Penny Stocks are likely to be in focus on Wednesday, September 06, 2023:

Century Extrusions- 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 16.30 per share on NSE. The scrip witnessed massive spurt in volume. Century Extrusions Ltd manufactures aluminium extruded products, power transmission and distribution line hardware.

Dish Tv India- 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 21.30 per share on NSE. Dish TV India Ltd is a leading direct-to-home (DTH) company, providing DTH services across the segments in the country.

Zee Media Corporation- A solid price volume breakout was seen at the counter today as the stock rallied more than 17 per cent to record an intraday high of Rs 13.95 per share on NSE. Zee Media Corporation Limited is an Indian News organization with interests in global, national and regional news channels and digital news publishing.

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

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