The Sensex concluded the day with a modest increase of 0.14%, while the Nifty recorded a higher closing, up by 0.21%. Nifty Midcap and Nifty Smallcap both closed on a positive note, with gains of 0.21% and 0.12%, respectively.
Among the top performers, Nifty Metal, Nifty Energy and Nifty FMCG showed significant gains, whereas Nifty Media, Nifty Bank and Nifty Financial Services faced losses.
JSW Steel, Grasim, and Tata Steel were the leading gainers from the Nifty 50, while Axis Bank, Bajaj Finance, and IndusInd Bank were among the top losers in the Nifty 50.
The following penny stocks are likely to be in focus on Thursday, June 15, 2023:
Compuage Infocom -There was substantial buying activity observed in the stock, leading to the stock surging more than 18% to trade at an intraday high of Rs 17.10 per share on NSE. This surge in price was accompanied by a significant increase in trading volume for the stock. Compuage Infocom Ltd founded in 1987, is engaged in the business of trading in computer parts and peripherals, software and telecom products.
Vikas Ecotech- The counter experienced a notable increase in buying interest as the scrip zoomed more than 16.5%, reaching an intraday high of Rs 3.45 per share on NSE. This surge in price was accompanied by a significant rise in trading volume for the scrip. Vikas Ecotech Limited is primarily engaged in the business of manufacturing specialty chemicals focused on additives and specialty polymer compounds.
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 5%, reaching an intraday high of Rs 6.27 per share on BSE. This surge in price was accompanied by a significant increase in trading volume. Madhucon Projects Ltd is in the business of construction, power and toll collection.