The Sensex and Nifty concluded the day with a rise of 0.64% each. Nifty Midcap and Nifty Smallcap wrapped up the day with gains of 1.22% and 0.7% respectively. Nifty Realty, Nifty Media, and Nifty FMCG emerged as the top performers by the end of the day, whereas Nifty Auto emerged as top loser by the end of the day.
Tata Consumer, Cipla, and Asian Paints stood out as the leading gainers while Kotak Bank, Adani Enterprises, and HCL Tech experienced the most significant losses among the Nifty 50 stocks at the close of the day.
The following penny stocks are likely to be in focus on Wednesday, June 14, 2023:
Madhucon Projects - The stock exhibited a powerful breakout both in terms of price and volume, as it rallied and hit the upper circuit limit of 10%, reaching an intraday high of Rs 5.98 per share on BSE. This surge in price was accompanied by a significant increase in trading volume by more than 3.8 times. Madhucon Projects Ltd is in the business of construction, power and toll collection.
Brightcom Group- There was substantial buying activity observed in the stock, leading to the stock getting locked at 5% upper circuit and trading at an intraday high of Rs 26.19 per share on BSE. This surge in price was accompanied by a significant increase in trading volume for the stock. Brightcom Group Ltd offers digital marketing solutions to businesses, agencies and online publishers worldwide.
Goyal Aluminiums- The counter experienced a notable increase in buying interest as the scrip zoomed and got locked at 5% upper circuit, reaching an intraday high of Rs 13.27 per share on BSE. This surge in price was accompanied by a significant rise in trading volume for the scrip. The company offers aluminium sheets, coils, sections, grills and other aluminium products. It also provides cotton fabrics, printing machines, glass, and other products.