Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Wednesday, September 20, 2023

On Monday, the Sensex concluded the day with a 0.36 per cent dip, and the Nifty mirrored this with a 0.29 per cent dip. Similarly, the Nifty Midcap registered a 0.42 per cent decline, while the Nifty Smallcap experienced a notable 0.54 per cent drop.

In terms of sector performance, Nifty PSU Bank, Nifty Auto, and Nifty Energy emerged as the top-performing sectors. Meanwhile, Nifty Realty, Nifty Media, and Nifty Metal exhibited strength within their respective segments.

Wihin the Nifty 50 index, the Top Gainers included Power Grid, Titan, and M&M, while Hindalco, HDFC Bank, and Adani Ports witnessed declines.

The following Penny Stocks are likely to be in focus on Wednesday, September 20, 2023:

Brightcom Group- Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 5 per cent upper circuit, recording an intraday high of Rs 18.35 per share on NSE. The scrip witnessed massive spurt in volume. Brightcom Group Ltd offers digital marketing solutions to businesses, agencies and online publishers worldwide.

Tirupati Forge - The scrip experienced significant buying activity, resulting in the stock surging and getting locked at 5 per cent upper circuit, reaching an intraday high of Rs 11.75 per share on NSE. The company manufactures mass quantity carbon steel forged flanges, forged components and other automotive components.

Cinevista- 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 11.75 per share on NSE. Cinevista Ltd is in the business of producing and exhibiting commissioned television programs, feature films, ad commercials, etc.

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

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