Penny Stocks Gainers Today - October 3, 2022

penny stock

by 5paisa Research Team Last Updated: Sep 07, 2023 - 05:05 pm 14.3k Views
Listen icon

In a volatile session on Monday, the domestic equities indexes experienced significant losses. 

The mood of investors was depressed by negative global indications. Nifty reached its day's high of 17,114.65 in the early session, but it finished below the 16,900 level. While pharmaceutical and healthcare companies managed to end in the black, metals, autos, and bank sectors led the losers. According to preliminary closing statistics, the S&P BSE Sensex, the barometer index, fell 638.11 points, or 1.11%, to 56,788.81. Closing at 16,887.35, the Nifty 50 index fell 207 points or 1.21%. 

Symbol 

LTP 

chng 

%chng 

Vaxtex Cotfab 

10 

0.9 

9.89 

Viji Finance 

2.4 

0.2 

9.09 

Gayatri Highways 

0.75 

0.05 

7.14 

Aakash Exploration Services 

13.65 

0.65 

SAL Steel 

16.05 

0.75 

4.9 

Hindustan Motors 

17.15 

0.8 

4.89 

Impex Ferro Tech 

5.4 

0.25 

4.85 

Steel Exchange India 

13.05 

0.6 

4.82 

Oil Country Tubular 

17.65 

0.8 

4.75 

Sab Events & Governance Now Media 

6.65 

0.3 

4.72 

The India VIX on the NSE, which measures market expectations for short-term volatility, increased 6.99% to 21.37. The S&P BSE Small-Cap index lost 0.54%, while the S&P BSE Mid-Cap index dropped 1.24% in the overall market. Positive market breadth was seen as 2,102 shares sank and 1,446 rose on the BSE, while 156 shares were unchanged overall.

Gains for Zydus Lifesciences were 5.77%. The US Food and Drug Administration (USFDA) gave its final permission for the company's US affiliate, Zydus Pharmaceuticals (USA) Inc to distribute tablets containing the drug Mirabegron extended-release. FSN E-Commerce Ventures (Nykaa) increased 5.51% on the announcement that its board had approved awarding 5 bonus equity shares for each share held on Monday, October 3. (5:1).

In September 2022, the seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) was 55.1, increasing for the fifteenth consecutive month. However, the headline figure decreased from 56.2 in August even though it still indicated a healthy rate of increase.

Asia's stock market sell-off comes after Wall Street's turbulent performance last week when worries about a global recession increased due to tightening monetary policy and nervousness in the currency and bond markets. On Monday, stocks dropped in Europe and Asia due to concerns that central banks will continue raising interest rates until inflation is under control.

 

How do you rate this blog?

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.

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
Enjoy 0%* Brokerage with 5paisa
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest Blogs
Swing Trading Stocks: Week of 01 April 2024

Swing Trading Stocks for the Week

Weekly Market Outlook for 1st April to 5th April

The week gone by was a truncated week of three trading sessions, but it was not short of any action as the index witnessed a smart recovery in three days. Nifty almost tested the previous all-time high above 22500 on the expiry day and ended just above 22300 with weekly gains of a percent.

Stock in Action – Bajaj Finance

Bajaj Finance Movement of Day