Penny Stocks Gainers Today - October 11, 2022

penny stock

Stock Recommendations
by 5paisa Research Team Last Updated: 2022-10-11T17:37:40+05:30

At the day's low on Tuesday, the primary equities benchmarks recorded significant losses.

Despite unfavourable external indicators, domestic sentiment suffered. The Nifty fell under the 17,000 level. Real estate, metal, and media stock losses were the largest across all NSE sectoral indices. The S&P BSE Sensex fell 843.79 points or 1.46% to 57,147.32 as of preliminary closing data. To reach 16,983.55, the Nifty 50 index dropped 257.45 points or 1.49%. The Sensex has lost 1.85% in three straight sessions, while the Nifty has lost 2.01%. The S&P BSE Small-Cap index fell 1.47%, while the S&P BSE Mid-Cap index was down 1.61% in the overall market.

List of Penny Stocks Today: October 11

Following Table Shows Penny Stocks That Gained Most on October 11

Diligent Media Corporation

3.85

0.25

6.94

Gayatri Highways

0.95

0.05

5.56

Ravikumar Distilleries

17.1

0.8

4.91

Hindusthan National Glass & Industries

8.6

0.4

4.88

MEP Infrastructure Developers

14.35

0.65

4.74

Birla Tyres

5.55

0.25

4.72

Melstar Information Technologies

2.3

0.1

4.55

TV Vision

2.55

0.1

4.08

National Steel and Agro Industries

3.95

0.15

3.95

Sathavahana Ispat

2.7

0.1

3.85

Market breadth was not strong. 1,073 shares increased and 2,354 shares decreased on the BSE, while 136 shares in total remained unchanged. The India VIX, a measure of market expectations for short-term volatility, increased 4.42% to 20.49 on the NSE. The Nifty Metal index continued to tumble, sliding 2.23% to 5,784.25, entering its third trading session. In the last three trading sessions, the index dropped close to 3%. Panacea Biotec increased by 18.13%. The business reported receiving long-term supply awards from UNICEF and the Pan American Health Organization valued at $127.30 million (or around Rs 1,040 crore) (PAHO).

India's benchmark 10-year federal paper's yield decreased to 7.429 from 7.476 at the closing of the previous trading session. The rupee edged up against the dollar on the foreign currency market. The rupee was trading at 82.25, down from its previous trading session's closing of 82.40. The 5 December 2022 closing price for MCX Gold futures fell by 0.54% to Rs 50,750.

The US Dollar index (DXY), which measures the value of the dollar in relation to a variety of other currencies, increased by 0.12% to 113.28.

The yield on US 10-year bonds increased by 1.23% to 3.933. It reversed from the 4% high for the day. Brent crude for December 2022 settlement fell $2.19 or 2.28% to $94 a barrel on the commodities market. The contract decreased $1.77 or 1.73%, ending the previous trading session at $96.19 per barrel.

 

 

 
 

 

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