Penny Stocks Gainers Today - October 14, 2022

penny stock

Stock Recommendations
by 5paisa Research Team Last Updated: 2022-10-15T10:31:45+05:30

Barometers closed with significant gains; the Nifty closes above 17,100, while Infosys climbed more than 3%.

Following strong global cues, domestic equities indices completed the day Friday with significant gains. However, the index lost ground in late trade as profit-taking increased at higher levels. Demand was high for IT, banking, and financial stocks. Shares of the auto, oil and gas, and real estate industries fell. The S&P BSE Sensex, the barometer index, increased by 684.64 points, or 1.20%, to reach 57,919.97. The Nifty 50 index rose 17,185.70 points, or 1.01%, to gain 171.35 points.

Symbol 

LTP 

chng 

%chng 

Digicontent 

16.9 

2.8 

19.86 

Tree House Education and Accessories 

18.35 

1.65 

9.88 

JBF Industries 

10.9 

0.95 

9.55 

Antarctica 

0.75 

0.05 

7.14 

Sanwaria Consumer 

0.8 

0.05 

6.67 

Oil Country Tubular 

15.15 

0.7 

4.84 

Peninsula Land 

13.05 

0.6 

4.82 

Hindusthan National Glass & Industries 

9.8 

0.45 

4.81 

Ravikumar Distilleries 

19.7 

0.9 

4.79 

Uttam Galva Steels 

3.3 

0.15 

4.76 

The indices were helped by gains from HDFC Bank (up 3.40%), HDFC (up 2.69%), ICICI Bank (up 1.90%), and Kotak Mahindra Bank (up 1.9%). As trade booked profits, the overall market underperformed the leading indices. The S&P BSE Small-Cap index increased by 0.01% while the S&P BSE Mid-Cap index decreased by 0.13%. Positive market breadth was present as 1743 shares on the BSE increased while 1711 shares decreased and 139 shares in total remained unchanged. 

The NSE's India VIX, a measure of the market's expectation of short-term volatility, fell 10.01% to 18.26. The yield on the benchmark 10-year federal paper for India increased to 7.470 from 7.422 at the close of the previous trading session. The rupee edged up against the dollar on the foreign currency market. The partially convertible rupee was trading at 82.19, down from its previous trading session's closing of 82.24. Gold futures on the MCX for payment on December 5 fell 0.73% to Rs 50,514. The US Dollar index (DXY), which measures the value of the dollar in relation to a variety of other currencies, increased by 0.31% to 112.72. The yield on US 10-year bonds decreased by 1.33% to 3.901. 

Brent crude for December 2022 settlement increased 70 cents or 0.74% to $93.87 a barrel on the commodities market. The futures for the Dow Jones index were up 180 points, signalling a solid start for US stocks today. On Friday, shares rose everywhere in Europe and Asia, following overnight indications from US stocks. 

 

Start Investing in 5 mins*

Get Benefits worth 2100* | 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.

Disclaimer

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. Also, The

Open Free Demat Account

& get benefits worth 2100*

Resend OTP
Please Enter OTP
  • Have Promo code?
  • Use code ACT2100
Enter Promo code
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