During the most recent market session, both the Sensex and Nifty closed on a positive note, with the Sensex Index up 0.37% and the Nifty-50 Index up 0.45%. While the Nifty Mid-cap Index increased by 1.04%, whereas the Nifty Small-cap Index, finished the session up 1.61%.
Nifty Private Bank Index and Nifty Bank Index emerged as the winners among the sectors, whereas the Nifty Metals Index and NSE Media Index encountered losses in the sectoral landscape.
At the individual stock level BPCL, State Bank of India and ONGC merged as prominent gainers, while Tech Mahindra, Cipla and Tata Consultancy Services Ltd registered losses within the Nifty 50 index.
The following penny stocks are likely to be in focus on Thursday, February 15, 2024:
Dangee Dums 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 12.40 per share on the NSE. Incorporated in 2010, Dangee Dums Ltd is in the business of manufacturing and trading bakery & confectionery products.
Vikas Ecotech 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 4.65 on the NSE. Established in 1984, Vikas Ecotech Limited is primarily engaged in the business of manufacturing speciality chemicals focused on additives and speciality polymer compounds.
Rattan India Power 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 10.65 per share on the NSE. RattanIndia Power Limited is one of India’s largest private power generation company, with an installed capacity of 2,700 MW thermal power plants at Amravati and Nashik (1,350 MW at each location) in Maharashtra, India.
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.
