On Friday, Indian equity markets closed in the red, with the Nifty50 index down 0.28 per cent to close at 19,310.10. Both the small-cap and mid-cap indices also performed negatively. Adani Enterprises, Adani Ports, and Eicher Motors were the top gainers in the Nifty 50 index, while Coal India, Hero Motocorp, and TCS were the prominent losers.
In terms of penny stocks, there are a few that are likely to be in focus on Monday, August 21, 2023. Digispice Technologies saw heavy buying activity, resulting in the stock reaching its upper circuit, hitting an intraday high of Rs 39.10 per share on the BSE. Digispice Technologies Limited is primarily engaged in the information and communication technology business, providing value-added services and mobile content services.
Viji Finance also experienced significant buying activity, leading to the stock surging more than 13 per cent and reaching an intraday high of Rs 2.10 per share on the NSE. Viji Finance Ltd is engaged in providing financial services.
Nila Infrastructures witnessed a solid price volume breakout, with the stock rallying over 12 per cent and reaching an intraday high of Rs 5.80 per share on the NSE. Nila Infrastructures Limited is involved in the construction of affordable housing projects and the development of various infrastructure.
In addition to these specific stocks, there were several other penny stocks that witnessed heavy buying activity in Friday’s session, such as Rollatainers, Goyal Aluminiums, Ravi Kumar Distilleries, and Sadbhav Engineering.
It’s important to note that the information provided in this article is for informational purposes only and should not be considered as investment advice.
Sources:
- Nifty50 closed 0.28 per cent down to close at 19,310.10, while both small-cap index and mid-cap index performed negatively
- Digispice Technologies - Heavy buying was witnessed in the counter as the scrip zoomed…
- Viji Finance - The scrip experienced significant buying activity…
- Nila Infrastructures - A solid price volume breakout was seen at the counter today…