Penny Stocks: Stocks likely to be in focus tomorrow!
The following penny stocks are likely to be in focus on Friday, July 05, 2024.
On Thursday, benchmark indices ended the trading day on a positive note. The Sensex gained 0.08 per cent, reaching a record high of 80,392.64, while the Nifty rose by 0.06 per cent to a new all-time high of 24,401.
The broader market also experienced gains, with the Nifty Mid-Cap closing 0.58 per cent higher at a record high of 56,711.25 and the Nifty Small-Cap increasing by 0.49 per cent to reach its all-time high of 18,827.35.
Market volatility, indicated by the India VIX, declined by 2.65 per cent, reflecting a slight decrease in volatility.
In the sectoral landscape, Nifty Pharma, Nifty IT, and Nifty Auto were among the Top Gainers, while Nifty Media, Nifty FMCG, and Nifty Financial Services underperformed.
Overall, market sentiment was positive, with 1,299 stocks advancing compared to 997 stocks declining.
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The following Penny Stocks are likely to be in focus on Friday, July 05, 2024:
GTL Infrastructure - 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 3.94 per share on NSE. Incorporated in 2004, GTL Infrastructure Ltd provides passive telecom infrastructure sharing and energy management solutions.
Country Club Hospitality & Holidays - 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 29.56 per share on NSE. Incorporated in 1989, Country Club Hospitality & Holidays Ltd is in the business of sale of Vacation Ownership and other related services.
KBC Global - A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 20 per cent upper circuit to record an intraday high of Rs 26.34 per share on NSE. Incorporated in 2010, Mangalam Global Enterprise Ltd manufactures and deals in Edible, Non-edible Oil, Seeds and its derivatives.
Disclaimer: The article is for informational purposes only and not investment advice.