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HomeStocksPenny Stocks To Watch Out For Tomorrow- January 04, 2024

Penny Stocks To Watch Out For Tomorrow- January 04, 2024

During the most recent market session, both the Sensex and Nifty closed on a negative note, with the Sensex Index down 0.75% and the Nifty-50 Index down 0.69%. While the Nifty Mid-cap Index increased by 0.30%, whereas the Nifty Small-cap Index, finished the session down 0.01%.

Nifty PSU Bank Index and Nifty Realty Index emerged as winners among the sectors, whereas the Nifty IT Index and NSE Financial Services Index encountered losses in the sectoral landscape.

At the individual stock level Bajaj Auto, Adani Enterprises and Adani Ports emerged as prominent gainers, while Hindalco, JSW Steel and Tata Steel registered losses within the Nifty 50 index.

The following penny stocks are likely to be in focus on Thursday, January 04, 2024:

B.A.G Films and Media Limited

The stock experienced a substantial surge in its stock price, with the stock zooming and getting locked at a 20% upper circuit, indicating a strong breakout in both price and volume. The stock achieved an impressive intraday high of Rs 13.20 per share on the NSE. BAG Films produces programmes for all genres. It creates a wide range from movies, daily soaps, drama and comedy to OTT for different age groups, formats, media and news and non-news platforms. The company pitched content production to various OTT platforms including MX player, applause, etc.

Integra Essentia Limited

The counter experienced a notable increase in buying interest as the scrip zoomed and hit a 20% upper circuit, reaching an intraday high of Rs 10.60 per share on NSE. The stock’s 52-week high is Rs 10.60 and its 52-week low is Rs 5.30. Incorporated in 2007, Integra Essentia Ltd is in the business of Life Essentials viz., food, clothing, infrastructure and energy.

GTL Limited

The stock underwent a substantial surge in its stock price, zooming by 10% indicating a strong breakout in both price and volume. The stock achieved an impressive intraday high of Rs 14 per share on the NSE. GTL is a telecom infrastructure services company providing services and solutions to address the network life cycle requirements of telecom operators, technology providers (OEMs), and tower companies.

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.
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