DSIJ Mindshare

Penny Stocks: Stocks likely to be in focus tomorrow!
Bhavya Rathod

Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 surged by 0.41 per cent to close at 19,597.30, while both small-cap index and mid-cap index performed positively

On Monday, Indian equity markets ended on a positive note. Nifty50 surged by 0.41 per cent to close at 19,597.30, while both Small-Cap index and Mid-Cap index performed positively. M&M, Divi's Laboratories, and SBI Life stood out as the leading gainers among the Nifty 50, while Britannia, SBIN, and Bajaj Auto experienced declines. In sectoral indices, Nifty Pharma, Nifty IT, and Nifty Realty secured the top positions as gainers, while Nifty PSU Bank, Nifty Bank, and Nifty Media faced losses.

The following Penny Stocks are likely to be in focus on Tuesday, August 08, 2023:

FCS Software Solutions- Heavy buying was witnessed in the counter as the scrip zoomed more than 20 per cent, recording an intraday high of Rs 2.75 per share on BSE. FCS Software Solutions is an IT company and provides services in IT consulting, IT Infra management, IT-enabled services and learning solutions.

Zee Media Corporation- The scrip experienced significant buying activity, resulting in the stock surging more than 18 per cent, reaching an intraday high of Rs 12.79 per share on BSE.  Zee Media Corporation Limited is an Indian news organization with interests in global, national, regional news channels and digital news publishing.

Aksh Optifibre - 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 12 per share on BSE. Aksh Optifibre is engaged in the manufacturing and selling of optical fibre, optical fibre cable, fibre reinforced plastic rods, impregnated glass roving reinforcement and ophthalmic lenses.

Here is the list of volume breakout penny stocks that witnessed heavy buying in today’s session (in NSE):    

Penny Stock  

LTP (Rs)

Gain (per cent)

Siti Networks

0.75

7.14

GTL Infrastructure

0.80

6.67

Supreme Engineering

0.80

6.67

Indiabulls Enterprises

10.15

4.64

 

Disclaimer: The article is for informational purposes only and not investment advice.

Previous Article The only Indian manufacturer of Capacitor or Dielectric Films, generated multibagger return of 5400 per cent
Next Article Indians spent over Rs 5000 crore not on luxury purchases but on Cosmetics in the last six months.
Print
5109 Rate this article:
3.6
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR