Top 10 Penny Stocks Gainers Today - September 15, 2022

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Penny Stocks to Buy
by 5paisa Research Team Last Updated: 2022-09-15T18:23:09+05:30

After an erratic session on Thursday, the domestic equities barometers finished with significant losses. 

After reaching the day's high of 18,096.15 in the opening hours of trading, the Nifty finished below the 17,900 mark. Metal and auto stocks rose, but media, IT, and pharmaceutical stocks experienced some selling pressure. Due to the NSE's weekly index options expiry today, trading was erratic. The barometer index, the S&P BSE Sensex, fell 412.96 points or 0.68% to 59,934.01 as per preliminary closing data. To reach 17,877.40, the Nifty 50 index dropped 126.35 points or 0.70%.

List of Penny Stocks Today: September 15

Following Table Shows Penny Stocks That Gained Most on September 15

Sr No. 

Symbol 

LTP 

chng 

%chng 

South Indian Bank 

10.4 

1.7 

19.54 

SAL Steel 

11.15 

9.85 

Sanwaria Consumer 

0.05 

5.26 

KBC Global 

3.2 

0.15 

4.92 

PVP Ventures 

8.55 

0.4 

4.91 

Parsvnath Developers 

8.6 

0.4 

4.88 

Ducon Infratechnologies 

15.5 

0.7 

4.73 

Vivimed Labs 

11.1 

0.5 

4.72 

DCM Financial Services 

8.9 

0.4 

4.71 

10 

IL&FS Transportation Networks 

4.55 

0.2 

4.6 

The frontline indices underperformed the overall market. While the S&P BSE Small-Cap index increased by 0.06%, the S&P BSE Mid-Cap index increased by 0.31%. Market breadth was in the red as 1,701 shares increased and 1,797 shares decreased on the BSE and 122 shares were unchanged overall. 

In anticipation of a global downturn and stricter monetary policy, Fitch Global Ratings has lowered its prediction for India's GDP growth. In its assessment of the outlook for global growth, the rating agency revised its projection of the Indian economy's growth in FY23 from 7.8% to 7%. Estimates for FY24 have also decreased from 7.4% to 6.7%. 

Following Wednesday's gloomy session, the majority of European markets rose on Thursday while Asian stocks were divided. In China, the central bank maintained the same interest rate for its one-year medium-term lending facility (MLF) at 2.75%. 

Due to the passing of Queen Elizabeth II, the Bank of England postponed its monetary policy meeting until next week.  

The Bureau of Labor Statistics said on Tuesday that US inflation increased more than anticipated in August as rising housing and food expenses offset a decline in gas prices. The consumer price index, which measures the cost of a wide range of goods and services, rose 0.1% in the month and 8.3% in the previous 12 months. Without volatile food and energy prices, CPI increased 6.3% from the prior month and 0.6% from July. 

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