Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Wednesday, July 10, 2024:

On Tuesday, benchmark indices ended the trading day positively with the Sensex rising by 0.49 per cent, closing above the 80,300 mark, and the Nifty gaining 0.46 per cent, closing above the 24,400 level.

The broader market also saw gains, with the Nifty Mid-Cap rising by 0.33 per cent and the Nifty Small-Cap surging by 0.26 per cent.

Market volatility, measured by India VIX, increased by 3.38 per cent, indicating higher market volatility.

Among sectors, Nifty Auto, Nifty Pharma, and Nifty PSU Bank were Top Gainers, while Nifty IT and Nifty Energy underperformed.

Advancing stocks numbered 1,960, while 1,963 stocks declined, reflecting a slight negative sentiment in the broader market.

The following Penny Stocks are likely to be in focus on Wednesday, July 10, 2024:

RattanIndia Power - 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 17.18 per share on NSE. RattanIndia Power Limited is one of India’s largest private power generation company, with installed capacity of 2,700 MW thermal power plants at Amravati and Nashik (1,350 MW at each location) in Maharashtra, India.

Orient Green Power Company - 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 23.53 per share on NSE. Orient Green Power Company Limited is an Independent Producer of Renewable Power, it is engaged in developing, owning, and operating a diversified portfolio of Wind Energy Power Plants.

Sarveshwar Foods - 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 9.99 per share on NSE. Incorporated in 2004, Sarveshwar Foods Ltd manufactures basmati rice & other products.

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

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