Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Tuesday, September 26, 2023

The Sensex and Nifty saw marginal declines of 0.12 per cent and 0.05 per cent, respectively. Simultaneously, Nifty Midcap closed the day with a slight decrease of 0.17 per cent, while Nifty Smallcap displayed resilience by concluding with a gain of 0.57 per cent.

In the domain of sectoral indices, Nifty FMCG, Nifty Auto, and Nifty Metal emerged as the leading performers, while Nifty IT, Nifty Media, and Nifty PSU Bank recorded losses.

Within the Nifty 50 index, notable gainers included Eicher Motors, Hero Moto Corp, and Nestle India. Conversely, IndusInd Bank, Cipla, and Tech Mahindra led the decliners.

Taking a broader perspective on market sentiment, approximately 951 stocks moved upwards, while 1049 stocks experienced declines. This suggests a relatively balanced sentiment prevailing in the broader market as the trading session came to a close.                                   

The following Penny Stocks are likely to be in focus on Tuesday, September 26, 2023:

Univa Foods- 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 5.75 per share on NSE. The scrip witnessed massive spurt in volume. Univa Foods Ltd is in the hotel business.

Vaswani Industries- The scrip experienced significant buying activity, resulting in the stock surging more than 6 per cent, reaching an intraday high of Rs 34.40 per share on NSE. Vasvani Industries Ltd is in the business of iron & steel, power, real estate and agri division.

Ruchi Infrastructure- 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 11.65 per share on NSE. Ruchi Infrastructure Ltd is engaged in the business of infrastructure, storage of liquid commodities, agri warehousing facilities, wind power generation, trading of various commodities and manufacturing of soap.

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.