Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Thursday, April 04, 2024.

On Wednesday, the benchmark indices ended the trading day slightly lower, with the Sensex slipping marginally by 0.04 per cent to close at 73,876.82, and the Nifty also dipping by 0.08 per cent to close at 22,434.65. 

However, the broader market saw notable gains, with the Nifty Mid-Cap rising by 0.59 per cent and the Nifty Small-Cap surging by 1.12 per cent.

Market volatility, measured by India VIX, decreased by 2.4 per cent, signaling reduced market uncertainty.

Nifty PSU Bank, Nifty IT, Nifty Media, and Nifty Financial Services emerged as the Top Gainers, while Nifty Realty, Nifty FMCG, Nifty Auto, and Nifty Pharma were among the major underperformers.

With 1,564 stocks advancing compared to 552 declining stocks, the broader market sentiment appeared positive.

The following Penny Stocks are likely to be in focus on Thursday, April 04, 2024:

Twentyfirst Century Management Service - Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 2 per cent upper circuit, recording an intraday high of Rs 44.05 per share on NSE. Incorporated in 1986, Twentyfirst Century Management Services Ltd engaged in investments in Capital Market and Futures
& Options segment.

3P Land Holdings - 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 31.10 per share on NSE. Incorporated in 1965, 3P Land Holdings Ltd is engaged in the business of lending, investment activity and real estate leasing.

Aakash Exploration Services - A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 10 per cent upper circuit to record an intraday high of Rs 11.10 per share on NSE. Incorporated in 2007, Aakash Exploration Services Limited provides services to Oil and Gas Field.

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.