Top 10 Penny Stocks Gainers Today - Jun 14, 2022

The Nifty 50 fell 0.27%, while the Sensex fell 0.29%, registering the third day of losses. The S&P BSE Sensex, the barometer index, fell 153.13 points, or 0.29%, to 52,693.57. The Nifty 50 index fell 42.30 points to 15,732.10, or 0.27%.

Top 10 Gainers Penny Stocks Today: Jun 14

 Following Table Shows Penny Stocks That Gained Most on June 14

The Sensex has been down 4.75% in three days, while the Nifty has dropped 4.53%. The S&P BSE Mid-Cap index fell 0.16%, while the S&P BSE Small-Cap index was down 0.40% in the broader market. The market's breadth was skewed to the downside. On the Bombay Stock Exchange, 1,550 shares climbed and 1,766 declined. There were a total of 133 shares that remained unchanged.

The Nifty Energy index and the Nifty Auto index were down 0.55% today. Nifty Oil & Gas index dropped 1.22% to 7,707.75. The major losers were Hindustan Petroleum Corporation (down 5.66%), Oil India (down 5.57%), Indian Oil Corporation (down 2.9%), Indraprastha Gas (down 2.82%), and Oil & Natural Gas Corporation (down 2.23%). Petronet LNG (down 1.9 %), Reliance Industries (down 1.39 %), Bharat Petroleum Corporation (down 1.15 %), Castrol India (down 0.58 %), and Gujarat Gas (down 0.58%) were among the major losers (down 0.51%). In the meantime, Adani Total Gas (up 1.52%), Mahanagar Gas (up 1.02%), and Aegis Logistics (up 0.61%) all rose.

While lower domestic inflation in May provided investors with some hope, recession fears in the United States loomed big ahead of the US Federal Reserve's policy announcement on Wednesday. The Fed's June policy meeting on Wednesday is expected to result in a 75-basis-point (bp) interest rate hike, according to a prominent overseas brokerage. A 75-basis-point increase would be the most since 1994, according to reports. The US Dow Jones futures are currently up 76 points, predicting a positive start to the day for markets on Wall Street. On Tuesday, European equities soared across the board, while most Asian stocks fell.

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