Penny Stocks: Stocks likely to be in focus tomorrow!
The following penny stocks are likely to be in focus on Saturday, January 20, 2024
On Friday, the leading indices concluded the trading day on a positive note, with the Sensex closing moderately higher by 0.7 per cent at 71,683.23 levels. Simultaneously, the Nifty witnessed a surge of 0.67 per cent, reaching a closing level of 21,606.35.
Broader indices followed suit, with Nifty Mid-Cap experiencing a substantial surge of 1.15 per cent, while Nifty Small-Cap soared by 0.96 per cent.
India VIX, reflecting market volatility, saw a decline of 1.37 per cent, indicating a moderate reduction in market volatility.
Top Gainers included Nifty Metal, Nifty FMCG, Nifty Energy, and Nifty PSU Bank, while Nifty Media and Nifty Bank were among the Top Losers.
ONGC, Bharti Airtel, and NTPC secured top positions among gainers, while Indusind Bank, HDFC Bank, and Kotak Bank faced declines, emerging as the top losing stocks in the Nifty 50.
With 1,538 stocks advancing against 667 declining stocks, the broader market sentiment leaned towards optimism.
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The following Penny Stocks are likely to be in focus on Saturday, January 20, 2024:
Twentyfirst Century Management Services - Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 2 per cent upper circuit, recording an intraday high of Rs 37.55 per share on NSE. Established in 1986, Twentyfirst Century Management Services Ltd is actively involved in investment activities within the Capital Market and Futures & Options segments.
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 14.15 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.
Atlanta - 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 22.50 per share on NSE. Established in 1977, Atlanta Ltd is actively involved in the construction industry.
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)
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Gain (per cent)
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Tarapur Transformers
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7.10
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4.41
|
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Gujarat Lease Financing
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8.50
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4.94
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Century Extrusions
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29.55
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4.95
|
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HCL Infosystems
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23.45
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4.92
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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.