Penny Stocks: Stocks likely to be in focus tomorrow!
Sensex recorded a significant plunge of 1.08 per cent, closing at 72,012.05 level, while Nifty also dropped by 1.08 per cent, closing at 21,817.45 level.
On Tuesday, the trading session concluded with notable declines across benchmark indices. Sensex recorded a significant plunge of 1.08 per cent, closing at 72,012.05 level, while Nifty also dropped by 1.08 per cent, closing at 21,817.45 level.
The broader market echoed this trend, with Nifty Mid-Cap and Nifty Small-Cap closing lower by 1.24 per cent and 1.19 per cent, respectively.
Market volatility, reflected by India VIX, saw a slight increase of 1.57 per cent, indicating heightened market uncertainty.
Major sectors struggled, with Nifty IT, Nifty Media, Nifty Pharma, and Nifty FMCG among the Top Losers.
The negative sentiment prevailed in the broader market, with 521 stocks advancing against 1,754 declining stocks.
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The following Penny Stocks are likely to be in focus on Wednesday, March 20, 2024:
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 9.35 per share on NSE. Accuracy Shipping Ltd is involved in providing third party logistics solutions. It offers customized and end-to-end logistics solutions and services including transportation distribution, freight forwarding, clearing and forwarding services, custom house clearance, warehousing and value added services.
Ace Integrated Solutions - 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 33.15 per share on NSE. Incorporated in 1997, Ace Integrated Solutions Ltd provides integrated end to end solutions for human resource department of client organizations.
AKI India - 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 20.65 per share on NSE. Incorporated in 1994, AKI India Ltd designs, manufactures and exports leather products
Here is the list of volume breakout penny stocks that witnessed heavy buying in today’s session (in NSE):
|
Penny Stock
|
LTP (Rs)
|
Gain (per cent)
|
|
Rollatainers
|
1.49
|
7.69
|
|
Regency Ceramics
|
30.70
|
4.69
|
|
Oil Country Tubular
|
34.00
|
4.94
|
|
Ace Integrated Solutions
|
33.91
|
4.70
|
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.