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HomeStocksPenny Stocks To Watch Out For Tomorrow- January 05, 2024

Penny Stocks To Watch Out For Tomorrow- January 05, 2024

During the most recent market session, both the Sensex and Nifty closed on a positive note, with the Sensex Index up 0.70% and the Nifty-50 Index up 0.66%. While the Nifty Mid-cap Index increased by 1.68%, whereas the Nifty Small-cap Index, finished the session up 0.99%.

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

At the individual stock level Bajaj Auto, NTPC, and ONGC emerged as prominent gainers, while BPCL, HCL Technologies, and Maruti Suzuki registered losses within the Nifty 50 index.

The following penny stocks are likely to be in focus on Friday, January 05, 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 10% upper circuit, indicating a strong breakout in both price and volume. The stock achieved an impressive intraday high of Rs 14.50 per share on the NSE. BAG Films produces programs 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 10% upper circuit, reaching an intraday high of Rs 11.65 per share on NSE. The stock’s 52-week high is Rs 11.65 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 15.40 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. The stock also made a new 52-week high of Rs 15.40 per share.

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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