Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Wednesday, December 13, 2023

In Tuesday's trading session, the benchmark indices marked a downturn as the Sensex closed lower by 0.54 per cent at 69,551.03, and Nifty saw a decline of 0.43 per cent, closing at 20,906.40.

The broader market followed suit, with Nifty Mid-Cap closing lower by 0.39 per cent, while Nifty Small-Cap marginally surged by 0.03 per cent.

India VIX, reflecting market volatility, showed a marginal decline of 0.35 per cent, hinting at a slight reduction in market uncertainty.

Noteworthy gainers included Nifty Media, Nifty Metal, and Nifty PSU Bank, whereas Nifty Realty, Nifty Energy, and Nifty Auto faced declines.

Leading the gainers on the Nifty 50 were HDFC Life, Ultratech Cement, and Bajaj Auto, while BPCL, Apollo Hospitals, and Maruti emerged as the Top Losers.

The broader market sentiment appeared negative, with 744 advancing stocks against 1299 declining stocks.

The following Penny Stocks are likely to be in focus on Wednesday, December 13, 2023:

Accuracy Shipping- 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 9.50 per share on NSE. Accuracy Shipping Ltd specializes in providing comprehensive third-party logistics solutions, offering customized end-to-end services, with a focus on transportation.

Atlanta- 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 22.25 per share on NSE. Established in 1977, Atlanta Ltd operates within the construction industry.

Ducon Infratechnologies- 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 10.65 per share on NSE. Founded in 2009, Ducon Infratechnologies Ltd. is a dynamic and diversified technology company with operations spanning various business segments. The company specializes in offering solutions in infrastructure, FGD systems, and the IT-digital business sector.

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

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.