Despite the risks of investing in penny stocks, investors have been tempted by the fantastic returns rewarded by penny stocks in the past seven months in 2021. Doubling one's money is always exciting! A total of 239 stocks turned multi-baggers and have more than doubled investors' wealth on a YTD basis.

India’s largest amusement park chain, Wonderla Holidays is all set to reopen its Wonderla Bangalore Park from August 12, 2021. As a reopening initiative, it is furnishing a limited offer where the visitors can visit the amusement park and enjoy a fun-filled day at the park for Rs 799 (inclusive of GST). The adventure theme park will be open from Thursday to Sunday during the week from 11 am onwards. 

Ramkrishna Forgings has secured a domestic multi-year order worth Rs 51 crore from a foreign multinational tier 1 original equipment manufacturer (OEM). The order will be implemented over the period of three years, distributed equally. 

This can be a dream start for the bulls in August with two consecutive gains in the index. BSE Sensex is up by more than 200 points in the morning hours of the trading session.

The shares of CG Power are locked in the upper circuit as there are no sellers in the counter and only buyers as the demand to hold this multibagger stocks gains momentum. 

Several penny stocks within the textile sector are witnessing a gain in price momentum aided by a huge partcipation from the investors. While the participation is increasing on the retail side there is heavy selling seen by atleast two FPI accounts that are mauritius based. 

BSE SmallCap Index is trading at all time high and so is BSE MidCap Index.

The broad based rally has ensured participation in the rally across teh sectors and across market capitalisation.

Keep eye on these six stocks on Tuesday

Similar to BSE Smallcap index, BSE Midcap index also climbed and managed to make a fresh high at the start of the week. Sensex zoomed 363.79 points while Nifty ended close to its 52-week high at 15,885.15 level whereas BSE Midcap index settled at 23,330.77 levels today.