Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 closed 0.28 per cent down to close at 19,310.10, while both small-cap index and mid-cap index performed negatively

On Friday, Indian equity markets ended on a negative note. Nifty50 closed 0.28 per cent down to close at 19,310.10, while both Small-Cap index and Mid-Cap index performed negatively.

Specifically, within the Nifty 50 index, Adani Enterprises, Adani Ports, and Eicher Motors stood out as Top Gainers. On the contrary, Coal India, Hero Motocorp, and TCS were prominent losers in this context.

The following Penny Stocks are likely to be in focus on Monday, August 21, 2023:

Digispice Technologies- 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 39.10 per share on BSE. Digispice Technologies Limited (DTL) is primarily engaged in the information and communication technology business providing Value Added Services (VAS), and mobile content services to the domestic and international telecom operators and the development and sale of telecom-related software.

Viji Finance- The scrip experienced significant buying activity, resulting in the stock surging more than 13 per cent, reaching an intraday high of Rs 2.10 per share on NSE. Viji Finance Ltd is engaged in providing financial services.

Nila Infrastructures- A solid price volume breakout was seen at the counter today as the stock rallied more than 12 per cent to record an intraday high of Rs 5.80 per share on NSE. Nila Infrastructures Limited incorporated in 1990, is a flagship unit of the Ahmedabad based Sambhaav Group and is involved in the construction of Affordable Housing Projects, and the development of various infrastructure.

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

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