Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Thursday, March 27, 2024.

On Tuesday, the trading session concluded with benchmark indices closing lower, with Sensex declining by 0.5 per cent to 72,470.30 and Nifty by 0.42 per cent to 22,004.70. 

However, the broader market showed significant gains, with Nifty Mid-Cap rising by 1.04 per cent and Nifty Small-Cap by 0.65 per cent.

Furthermore India VIX, indicating market volatility, surged by 4.91 per cent.

Among sectors, Nifty Realty, Nifty Metal, Nifty PSU Bank, and Nifty Energy were the Top Gainers, while Nifty Media, Nifty IT, Nifty Bank, and Nifty Financial Services witnessed losses.

With 677 stocks advancing and 1,437 stocks declining, the broader market sentiment leaned negative.

The following Penny Stocks are likely to be in focus on Thursday, March 27, 2024:

Aakash Exploration Services - 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 10.35 per share on NSE. Incorporated in 2007, Aakash Exploration Services Limited provides services to Oil and Gas Field

Digicontent - 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 20.45 per share on NSE. Incorporated in 2017, Digicontent Ltd is engaged in Entertainment & Digital Innovation Business

Diligent Media Corp - 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 4.85 per share on NSE. Diligent Media Corp. Ltd is engaged in the printing and publication of newspapers, magazines, books, inserts, and annual reports. It also publishes online newspaper.

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.