Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Wednesday, April 10, 2024.

On Tuesday, the Sensex and Nifty closed marginally lower, with the Sensex declining by 0.08 per cent to 74,683.71 and Nifty by 0.1 per cent to 22,642.75. Additionally, Nifty Small-Cap gained, but Nifty Mid-Cap declined slightly.

Zooming out to market volatility, India VIX decreased by 2.2 per cent, signaling reduced market volatility.

Nifty Metal, Nifty Realty, Nifty Financial Services, and Nifty Bank were Top Gainers, while Nifty Media, Nifty PSU Bank, Nifty Energy, and Nifty FMCG underperformed.

Furthermore, the broader market sentiment was negative, with more declining stocks than advancing ones.

The following Penny Stocks are likely to be in focus on Wednesday, April 10, 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 47.55 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 33.70 per share on NSE. Incorporated in 1965, 3P Land Holdings Ltd is engaged in the business of lending, investment activity and real estate leasing.

Aarvee Denims and Exports - 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 30.05 per share on NSE. Incorporated in 1988, Aarvee Denims and Exports Ltd manufactures and sells denim and non denim Fabrics.

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.