List of Top 10 Penny Stocks: These Shares Gained Up To 9% on Wednesday, March 16

penny-stocks-update

by 5paisa Research Team Last Updated: Sep 07, 2023 - 05:05 pm 34.1k Views
Listen icon

Today NIFTY REALTY is the best performing index and NIFTY PHARMA is the worst performing index.

Indian equity market recouped all the losses of yesterday's fall and Nifty 50 closed in green in today's trade with a gain of 312.35 points. It opened at 16876.65 against the previous close of 16663.0, which means a gap up of 213.65 points. It maintained that gain for an entire day, however, the last half hour helped it to cross 16900 marks. Overall, we saw that there were more stocks that closed in green.

In today’s trade, all the sectoral indices closed in green and the best performing index was NIFTY REALTY, up by 3.64%. This is followed by NIFTY METAL, which was up by 2.63%. The worst performing index in today's trade was NIFTY PHARMA. Even it is up by 0.42%. Out of the total 20.0 companies forming part of the index, 4.0 companies closed in red, and 16.0 closed in green.

Companies that supported Nifty 50 in today’s trade were 'Infosys', 'Reliance', 'HDFC Bank', 'Bajaj Finance' and 'HDFC' together they contributed around 122.19 points gain in index. While the companies that dragged the index were 'Coal India', 'TATA Cons. Prod', 'Power Grid Corp', 'Sun Pharma' and 'Cipla.' These companies contributed 1.52 points towards the fall of Nifty 50.

Overall market today was in favour of advances. At close advance to decline ratio stood at 407:78.

Top 10 Gainers Penny Stocks Today: March 16

Following Table Shows Penny Stocks That Gained Most on Wednesday

Company Name  

LTP (Rs)  

Change(%)  

Year High  

Year Low  

Traded Vol  

Globe Textiles (India) Limited  

11.2  

9.27  

19.2  

2.84  

3110978  

Gayatri Highways Limited  

0.9  

5.88  

1.25  

0.5  

603006  

Viceroy Hotels Limited  

4.2  

5.0  

6.9  

1.85  

35439  

Transwarranty Finance Limited  

9.45  

5.0  

14.1  

2.2  

2220  

Consolidated Construction Consortium Limited  

3.15  

5.0  

4.25  

0.25  

526020  

Next Mediaworks Limited  

4.2  

5.0  

11.45  

3.5  

12444  

Reliance Capital Limited  

15.8  

4.98  

30.65  

9.3  

468451  

Hindusthan National Glass & Industries Limited  

11.65  

4.95  

53.2  

11.0  

2639986  

Viji Finance Limited  

4.25  

4.94  

6.9  

0.55  

268684  

Mcnally Bharat Engineering Company Limited  

6.4  

4.92  

12.95  

5.05  

336624  

 

Explore List of Penny Stocks

Learn More About: What are Penny Stocks?

How do you rate this blog?

or

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

oda_gif_reasons_colorful

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest Blogs
Premji and Associates

"India, a land of opportunities, boasts one of the world's most popular stock markets. Within its dynamic landscape, the stock market presents significant potential for wealth accumulation for those who navigate it skillfully. Yet, it's essential to acknowledge the inherent risks; only a select group of accomplished traders consistently achieve profits.

Market Outlook for 29 November 2023

Post the extended weekend, our markets started the day marginally positive and traded within a narrow range. However, the last hour of the trade witnessed good momentum and the Nifty index surpassed the recent swing high and ended tad below 19900 with gains of half a percent.