Penny Stocks: Stocks likely to be in focus tomorrow!
The following penny stocks are likely to be in focus on Thursday, October 12, 2023
During the trading session, both the Sensex and Nifty closed on a positive note, with gains of 0.60 per cent and 0.62 per cent, respectively. Notably, the Nifty Midcap saw a modest increase of 0.5 per cent, while the Nifty Smallcap showed a stronger performance, closing higher by 0.84 per cent.
The sectors driving the market's upward momentum included Nifty Energy, Nifty Auto, and Nifty FMCG, all emerging as Top Gainers. However, Nifty PSU Bank and Nifty IT were the major sectors underperforming during the session.
Among individual stocks, the top gainers included Hero Motocorp, Wipro, and Grasim, while HCL Technologies, Adani Ports, and SBIN faced declines, positioning them as the Top Losers among the Nifty 50 constituents.
Overall, the broader market sentiment appeared optimistic, with approximately 1355 stocks advancing compared to 663 stocks declining, indicating an overall positive sentiment in the broader market.
The following Penny Stocks are likely to be in focus on Thursday, October 12, 2023:
B.A.G Films & Media- 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 5.75 per share on NSE. The scrip witnessed massive spurt in volume. B.A.G. Films and Media Ltd is in the business of content production, distribution and allied activities.
Ambica Agarbathies & Aroma Industries- 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 36.40 per share on NSE. Ambica Agarbathies & Aroma Industries Limited manufactures and sells incense sticks in India.
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DCM Financial Services- A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 10 per cent upper circuit to record an intraday high of Rs 6.80 per share on NSE. DCM Financial Services Ltd (part of DCM group) deals in financing operations viz., inter corporate deposits and investment.
Here is the list of volume breakout penny stocks that witnessed heavy buying in today’s session (in NSE):
|
Penny Stock
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LTP (Rs)
|
Gain (per cent)
|
|
PVP Ventures
|
16.95
|
9.71
|
|
Hindusthan National Glass & Industries
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17.2
|
4.88
|
|
Rolta India
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2.3
|
4.55
|
|
Birla Tyres
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5.8
|
4.5
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Disclaimer: The article is for informational purposes only and not investment advice.