DSIJ Mindshare

New Rs 38.32 Crore Contract Boosts Momentum, Order Book Stands Strong at Rs 3,399 Crore

In the last month, the Nifty 50 increased by 2.81 per cent, while Nifty Realty saw an impressive 20.30 per cent rise. Notably, penny stocks, often considered risky, outperformed expectations. About 20 penny stocks surged over 20 per cent in a month and 50 per cent in a year.

With benchmark at record high and improvement in the broader participation in the last trading session of the week would play a critical role in shaping the market trend. Traders are advised to follow the trend and focus on identifying stocks which could outperform ahead and hence, we have identified two small-cap stocks which have potential to standout on D-street in the coming trading sessions.  

In fact, in the last two trading sessions, the sector gained nearly 4 per cent while on an MTD basis, it delivered an eye-popping return of 13.21 per cent and has been the show-stopper.

Market is currently trading in favour of advances with the advance to decline ratio standing as 225:170.