Penny Stocks: Stocks likely to be in focus tomorrow!
The following penny stocks are likely to be in focus on Thursday, July 25, 2024.
On Wednesday, the market showed muted sentiment. The benchmark indices concluded the trading day on a negative note, with the Sensex dipped by 0.35 per cent to 80,148.89, while the Nifty dropped by 0.27 per cent to 24,413.50.
Furthermore, the broader market experienced a soared, with the Nifty Mid-Cap closing up by 1.04 per cent and the Nifty Small-Cap rallied by 1.76 per cent.
Market volatility, as indicated by India VIX, has reduced by 7.73 per cent, closing below 12 this is reflecting an decrease in market volatility.
Within the sectoral landscape, Nifty Media and Nifty Realty are among the Top Gainers while Nifty Bank, Nifty Financial Services and Nifty FMCG are among the Top Losers.
About 2,802 stocks were advancing as against to 1,094 that were declining, thus indicating a negative sentiment in the broader market.
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The following Penny Stocks are likely to be in focus on Thursday, July 25, 2024:
RattanIndia Power - 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 16.01 per share on NSE. RattanIndia Power Limited is one of India’s largest private power generation company, with installed capacity of 2,700 MW thermal power plants at Amravati and Nashik (1,350 MW at each location) in Maharashtra, India.
Jaiprakash Power Venture - 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 18.80 per share on NSE. Incorporated in 1994, Jaiprakash Power Venture Limited operates in coal mining, sand mining, cement grinding, and production of thermal and hydroelectric electricity.
Orient Green Power Company - 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 21.60 per share on NSE. Orient Green Power Company Limited is an Independent Producer of Renewable Power, it is engaged in developing, owning, and operating a diversified portfolio of Wind Energy Power Plants.
Disclaimer: The article is for informational purposes only and not investment advice.