Penny Stock Update: These shares gained almost up to 20% today

penny stock

by 5paisa Research Team Last Updated: Mar 23, 2023 - 12:44 pm 426 Views

Indian equity benchmarks Nifty and Sensex started Thursday's session in the red.  

The Indian stock market opened on a lower note on Thursday, with both the Nifty and Sensex benchmarks showing modest losses early on, in line with global trends. The Nifty index was trading below the 17,100 level, while stocks in the pharmaceutical, healthcare, and media sectors showed gains. Conversely, IT, PSU bank, and financial services shares declined. 

As of 10:08 IST, the S&P BSE Sensex was down by 0.08% or 45 points to 58,169.42, while the Nifty 50 index lost 0.08% or 13 points to 17,138.10. In the broader market, the S&P BSE Mid-Cap index saw a 0.01% gain, while the S&P BSE Small-Cap index jumped 0.26%. The overall market breadth remained positive, with 1,367 shares rising, 1,206 shares falling, and 99 shares remaining unchanged on the BSE.

Following Table Shows Penny Stocks That Gained the Most on 23 March-2023

Sr. No  

Company Name  

LTP (Rs)  

% Change in Price  


Janus Corporation Ltd  




Scan Projects Ltd  




Mid India Industries Ltd  




Gem Spinners India Ltd  




Bartronics India Ltd  




Sadhna Broadcast Ltd  



India's 10-year benchmark federal paper saw a decline in yield, falling from 7.354 to 7.322 in the previous trading session. Meanwhile, the rupee showed a slight increase against the dollar in the foreign exchange market, hovering at 82.2650 compared to the previous close of 82.5950. MCX Gold futures for the 5 April 2023 settlement experienced a loss of 0.88%, trading at Rs 59,275. The US Dollar index (DXY) also decreased by 0.22% to 102.12, while the United States' 10-year bond yield dropped by 1.29% to 3.455. In the commodities market, Brent crude for May 2023 settlement saw a decline of 0.86% or 66 cents to USD 76.03 per barrel. The Federal Reserve followed predictions by hiking its benchmark interest rate by 25 basis points, bringing the target range for the federal funds rate to between 4.75% and 5%. 

How do you rate this blog?


Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

About the Author

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


Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

Open Free Demat Account

Resend OTP
Please Enter OTP
Account belongs to

By proceeding, you agree to the T&C.

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number