Top 10 Penny Stocks Gainers Today - May 04, 2022

Penny Stock Update

by 5paisa Research Team Last Updated: Sep 07, 2023 - 05:05 pm 29.3k Views
Listen icon

Domestic equity bourses tanked after RBI hiked REPO and CRR rates.

Today Nifty Media index closed at 2066.05, down 4.29%. Over the last month, the index has dropped 16.00%. Network 18 Media & Investments Ltd was down 9.47%, TV18 Broadcast Ltd fell 9.36%, and Zee Entertainment Enterprises Ltd fell 4.54% among the members. Over the last year, the Nifty Media index has risen 35.00%, compared to 15.05% for the benchmark Nifty 50 index.

The Nifty Realty index has fallen 3.27% on the day, while the Nifty Metal index has fallen 3.21%. The Nifty 50 index has fallen 2.29% to settle at 16677.6, while the SENSEX has fallen 2.29% to close at 55669.03.

The yield on the 10-year benchmark federal paper surged to 7.378% from its previous close of 7.119% following the RBI's rate hike announcement. IndusInd Bank (down 3.91%), HDFC Bank (down 3.40%), Bandhan Bank (down 3.16%), AU Small Finance Bank (down 2.85%), Axis Bank (down 2.77%), State Bank of India (down 2.31%), ICICI Bank (down 2.26%), and Punjab National Bank (down 1.71%) were among the Nifty Bank index's constituents that fell.

On Wednesday, European markets fell across the board, while most Asian stocks closed lower as global investors awaited the Federal Reserve's critical monetary policy announcement. Investors kept a close eye on the conflict in Ukraine, with the EU considering more oil sanctions against Russia as Russian forces continue to shell targets in eastern Ukraine.
 

Top 10 Gainers Penny Stocks Today: May 04


Following Table Shows Penny Stocks That Gained Most on Wednesday

Sr No.  

Symbol  

LTP  

change  

% change  

1  

Noida Toll Bridge Company Limited  

8.6  

0.75  

9.55  

2  

Future Consumer Ltd  

2.6  

0.2  

8.33  

3  

Kohinoor Foods Ltd  

17.1  

0.8  

4.91  

4  

Ankit Metal & Power Ltd  

7.5  

0.35  

4.9  

5  

Techindia Nirman Ltd  

12.9  

0.6  

4.88  

6  

Viji Finance Ltd  

3.3  

0.15  

4.76  

7  

Raj Rayon Industries Ltd  

4.45  

0.2  

4.71  

8  

FCS Software Solutions Limited  

3.45  

0.15  

4.55  

9  

Hotel Rugby Ltd  

4.65  

0.2  

4.49  

10  

Impex Ferro Tech Ltd  

4.65  

0.2  

4.49  

  

Explore List of Penny Stocks

Learn More About: What are Penny Stocks?

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.

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

By proceeding, you agree to the T&C.

Latest Blogs
Stock in Action - CAMS

CAMS Stock movement of Day

Weekly Market Outlook for 15th April to 19th April

The benchmark indices started on a weak note and continued downward during Friday's session, influenced by weak global cues. Both the Nifty50 and BankNifty experienced a sharp decline of almost 1% each after reaching their all-time highs on Wednesday. 

Why Should You Not Break Your Fixed Deposit?

Fixed deposits are the safest option to save money. The premature withdrawal of a fixed deposit means an early debit of your investment or savings before the maturity period. There are certain reasons why to not break FD before maturity as they lead to calamities like penalties, taxes, and lower rates of interest depending upon the conditions laid by the bank.