Penny stocks Ballarpur Industries, A2Z Infra, GTL Infra, Peninsula Land, Orient Green, SITI Networks, Shriram EPC Shine; Amber Enterprises, Godrej Agro Top BSE SmallCap gainers!

There is a positive momentum in paper stocks and Ballarpur Industries is merely reflecting the same. JK Paper is up by more than 6 per cent.

There is clear lack of conviction buying at higher levels in markets. Sensex is trading with minor gains on Wednesday even as BSE SmallCap mimics the BSE Sensex performance.

However certain penny stocks are hogging the limelight on Wednesday.Penny stocks such as Ballarpur Industries, A2Z Infra, GTL Infra,Peninsula Land, Orient Green, SITI Networks, Shriram EPC  are seen outperforming with some of these penny stocks witnessing only buyers in today’s market with no sellers.

There is a positive momentum in paper stocks and Ballarpur Industries is merely reflecting the same. JK Paper is up by more than 6 per cent.

Capri Global Capital is the top BSE SmallCap index gainer at the time of filing  this report; up by more than 7 per cent on intraday basis on Wednesday. S Chand is also showing lot of buying interest and the stock too is trading above 7 per cent on intraday basis.Venkys is seen gaining more than 6 per cent on intraday basis.

Amber Enterprises is up by more than 5 per cent while Godrej Agro up by more than 4 per cent.Amber Enterprises, HFCL, Capri Global Capital put together are contributing most to the BSE SmallCap index gains. HFCL is trading above Rs 70 per share and is showing good momentum.

PNB Gilts , Dhanlaxmi Bank and PNB Housing are the top losers in the BSE SmallCap index.