During the most recent market session, both the Sensex and Nifty closed on a positive note, with the Sensex Index up 0.77% and the Nifty-50 Index up 0.86%. At the same time, the Nifty Mid-cap Index increased 0.82%, whereas the Nifty Small-cap Index, finished the session up 1.31%.
On the sectoral front, the indices were trading in green with the NSE Consumer Durables Index, NSE PSU Bank Index and NSE Pharma Index being the top gainers.
At the individual stock level, Tata Consumers, Larsen & Toubro and Eicher Motors were the top gainers, while NTPC, HDFC Bank and JSW Steel were the top losers on the Nifty 50 index.
The following penny stocks are likely to be in focus on Tuesday, April 23, 2024:
Heads Up Ventures 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 16.20 per share on the NSE. Incorporated in 2011, Heads UP Ventures Ltd is in the retailing of apparel and accessories. The company’s integrated operations include designing, development, production, marketing, and distribution.
Excel Realty N Infra 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 0.55 on the NSE. Incorporated in 2003, Excel Realty N Infra Limited (Formerly known as Excel Infoways Limited) is engaged in the development of Infrastructure facilities, IT-enabled BPO services & general trading activities.
Country Condo’s 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 5.50 per share on the NSE. Incorporated in 1987, Country Condos Ltd is in the business of the sale of Plots under the Real Estate segment. The company’s real estate operations consist of the procurement of land banks across the country, developing them into residential layouts with all amenities.
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.
