During the most recent market session, both the Sensex and Nifty closed on a positive note, with the Sensex Index up 0.04% and the Nifty-50 Index up 0.15%. While the Nifty Mid-cap Index increased by 0.16%, whereas the Nifty Small-cap Index, finished the session up 0.44%.
Nifty Realty Index and Nifty Healthcare Index emerged as winners among the sectors, whereas the Nifty Media Index and NSE Financial Services Index encountered losses in the sectoral landscape.
At the individual stock level Hero Motors, Adani Ports and Bajaj Auto emerged as prominent gainers, while Bajaj FinServ, Nestle and HDFC Life registered losses within the Nifty 50 index.
The following penny stocks are likely to be in focus on Wednesday, January 10, 2024:
Mangalam Global Enterprise 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 18.55 per share on NSE. The stock’s 52-week high is Rs 36.95 and its 52-week low is Rs 11.50. Incorporated in 2010, Mangalam Global Enterprise Ltd manufactures and deals in edible, non-edible oil, seeds and its derivatives.
Visesh Infotecnics 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 0.70 per share on the NSE. Visesh Infotecnics Ltd designs and develops enterprise software. The Company offers enterprise resource planning, biometrics, business applications, and hardware and networking solutions.
Integra Essentia 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 12.85 per share on the NSE. Incorporated in 2007, Integra Essentia Ltd is in the business of Life Essentials viz., food (agro products), clothing (textiles and garments), infrastructure (materials and services for construction and infrastructure development), and energy (materials, products, and services for renewable energy equipment and projects).
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.