Penny Stocks: Stocks likely to be in focus tomorrow!
The following penny stocks are likely to be in focus on Friday, January 05, 2023
On Thursday, the stock market witnessed an upward trend as the Sensex closed substantially higher by 0.69 per cent concluding at 71,847.57 level, while Nifty also closed significantly higher by 0.66 per cent concluding at 21,658.60.
On similarly note, Broader indices closed substantially higher with Nifty Mid-Cap surging by 1.68 per cent, while Nifty Small-Cap soared by 0.99 per cent.
Market volatility, as indicated by India VIX, has declined by 5.34 per cent, reflecting a decrease in market volatility.
Nifty Realty, Nifty Financial Services, Nifty Energy and Nifty Bank were among the Top Gainers, while no major sectors underperformed.
Bajaj Finance, Tata Consumer Product and NTPC were among the top gainers while BPCL, LTIMindtree and Dr Reddy’s Laboratories were among the top losing stocks from the Nifty 50.
About 1342 stocks were advancing as against to 722 stocks that were declining, thus indicating an optimistic sentiment in the broader market.
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The following Penny Stocks are likely to be in focus on Friday, January 05, 2023:
A2Z Infra Engineering - 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 14.10 per share on NSE. Established in 2002, A2Z Infra Engineering Ltd specializes in offering maintenance and engineering services.
Accuracy Shipping - 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 11.05 per share on NSE. Engaged in the realm of third-party logistics, Accuracy Shipping Ltd provides tailored and comprehensive solutions, encompassing transportation distribution, freight forwarding, clearing and forwarding services, custom house clearance, warehousing, and value-added services.
Bright Solar - 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 6.70 per share on NSE. Incorporated in 2010, Bright Solar Ltd is into assembling of DC/AC Solar Pumps and Solar Pump Systems, EPC contracts of Solar Photo voltaic Water pumps, consulting of Projects and tenders, Water supply and Sewerage Infra Project.
Here is the list of volume breakout penny stocks that witnessed heavy buying in today’s session (in NSE):
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Penny Stock
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LTP (Rs)
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Gain (per cent)
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Goenka Diamonds and Jewels
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1.00
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5.26
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Unitech
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8.05
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4.55
|
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Ducon Infratechnologies
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11.05
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4.74
|
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Techindia Nirman
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18.19
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4.91
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.