During the most recent market session, both the Sensex and Nifty closed on a negative note, with the Sensex Index down 0.05% and the Nifty-50 Index down 0.08%. At the same time, the Nifty Mid-cap Index increased 0.52%, whereas the Nifty Small-cap Index, finished the session up 1.16%.
Nifty PSU Bank Index and Nifty Information Technology Index emerged as the winners among the sectors, whereas the Nifty Realty Index and NSE Fast Moving Consumer Goods Index encountered loss in the sectoral landscape.
At the individual stock level, Shriram Finance, NTPC and Tata Consultancy Services were the top gainers, while Nestle India, Bajaj Auto and Kotak were the top losers on the Nifty 50 index.
The following penny stocks are likely to be in focus on Thursday, April 04, 2024:
Ansal Properties & Infrastructure Limited
The stock experienced a substantial surge in its stock price, with the stock zooming and getting locked at a 5% upper circuit, indicating a strong breakout in both price and volume. The stock achieved an impressive intraday high of Rs 10.5 per share on the NSE. Ansal Properties and Infrastructure Ltd develop real estate in residential, commercial, and retail sectors, with ongoing projects for housing, townships, commercial spaces, retail centres, and even industrial parks across states like Uttar Pradesh, Punjab, Haryana, and Rajasthan.
GACM Technologies Limited
The stock underwent a substantial surge in its stock price, zooming by 5% indicating a strong breakout in both price and volume. The stock achieved an impressive intraday high of Rs 3.15 on the NSE. Incorporated in 1995, GACM Technologies Ltd initially provided financial consultancy and financial technology-related services, but after being expelled from the stock exchange in August 2022, they have shifted their focus to offering services in more diversified fields of business, as approved in April 2023.
LCC Infotech Limited
The counter experienced a notable increase in buying interest as the scrip zoomed and hit a 5% upper circuit, reaching an intraday high of Rs 2.10 per share on the NSE. Incorporated in 1985, LCC Infotech Ltd is in the business of a digital network of healthcare and portfolio management services. The company helps in building skilled human capital and enhancing workforce talent on a PAN India basis.
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.
