Penny Stocks: Stocks likely to be in focus tomorrow!
The following penny stocks are likely to be in focus on Thursday, June 20, 2024.
On Wednesday, benchmark indices concluded the trading day on a mixed note. The Sensex gained 0.05 per cent, closing at 77,337.60, while the Nifty declined by 0.15 per cent, ending at 23,516.
The broader market experienced significant declines, with the Nifty Mid-Cap dropping by 0.99 per cent and the Nifty Small-Cap falling by 0.47 per cent.
In contrast, the Nifty Bank surged by 1.9 per cent, reaching a new all-time high of 51,398.05.
Market volatility, as indicated by the India VIX, increased by 6 per cent, reflecting heightened market volatility.
Within the sectoral landscape, Nifty Bank, Nifty Financial Services, and Nifty IT were among the Top Gainers, while Nifty Realty, Nifty Energy, and Nifty Auto were among the Top Losers.
The broader market sentiment was negative, with 1,634 stocks advancing compared to 2,235 stocks declining.
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The following Penny Stocks are likely to be in focus on Thursday, June 20, 2024:
Jyoti Structures - 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 29.90 per share on NSE. Jyoti Structures Limited was incorporated in 1974. The company is engaged in Electricity, transmission, distribution and substation. The registered office of the Company is in Mumbai.
Tirupati Forge - The scrip experienced significant buying activity, resulting in the stock surging and getting locked at 20 per cent upper circuit, reaching an intraday high of Rs 27.02 per share on NSE. Incorporated in 2012, company manufactures mass quantity Carbon Steel Forged Flanges, Forged componets and other automotive components.
Sadbhav Engineering - 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 31.27 per share on NSE. Incorporated in 1988, Sadbhav Engineering Ltd is an EPC contractor of road construction, mining and irrigation.
Here is the list of volume breakout penny stocks that witnessed heavy buying in today’s session (in NSE):
|
Penny Stock
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LTP (Rs)
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Gain (per cent)
|
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Nila Spaces
|
8.24
|
4.97
|
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Tarapur Transformers
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14.88
|
4.94
|
|
GTL Infrastructure
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2.35
|
4.95
|
|
TCI Finance
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12.76
|
4.93
|
Disclaimer: The article is for informational purposes only and not investment advice.