Penny Stocks: Stocks likely to be in focus tomorrow!

Vaishnavi Chauhan
Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Thursday, March 28, 2024.

On Wednesday, the stock market ended positively, with the Sensex rising by 0.73 per cent to close at 72,996.31 points, while the Nifty increased by 0.54 per cent to reach 22,123.65 points. 

The broader market also saw gains, with the Nifty Mid-Cap edging up by 0.06 per cent and the Nifty Small-Cap surging by 0.96 per cent.

Market volatility, measured by India VIX, decreased by 0.92 per cent, signaling a calmer trading environment.

Leading sectors included Nifty Realty, Nifty Energy, Nifty Auto, and Nifty Financial Services, while Nifty PSU Bank, Nifty IT, Nifty Media, and Nifty FMCG experienced losses.

Overall, 907 stocks advanced compared to 1,198 stocks declining, indicating a negative sentiment prevailing in the broader market.

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The following Penny Stocks are likely to be in focus on Thursday, March 28, 2024:

A G Universal - 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 57.20 per share on NSE. Incorporated in 2008, A G Universal Limited operates as a supplier of industrial MS Tubes, GI Pipes, and Hollow Sections.

Alankit - 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 16.95 per share on NSE. Incorporated in 1989, Alankit Ltd is in the business of e-Governance services & products trading, and ancillary services related to e-Governance business.

Bartronics India - A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 2 per cent upper circuit to record an intraday high of Rs 17.55 per share on NSE. Incorporated in 1990, Bartronics India Ltd. is engaged in providing solutions based on Bar Coding, Biometrics, RFID, POS, EAS, and Smart Cards etc.

 

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

 

Penny Stock  

LTP (Rs)

Gain (per cent)

Shekhawati Poly-Yarn

2.01

5.00

Creative Eye

4.40

4.76

GI Engineering Solutions

1.25

4.27

Antarctica

1.55

3.33

 

 

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

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