Top 10 Penny Stocks Gainers Today - September 20, 2022

The FOMC meeting's outcome is crucial since it contains projections that could determine the course of monetary policy for the ensuing few months. The third consecutive steep rate increase is expected by the US central bank to quell the inflationary trend, according to traders. 

After Nalanda India Equity Fund purchased an extra 2.6% investment in the company via bulk purchase on Monday, September 19, 2022, Advanced Enzyme Technologies saw a 9.18% increase. Following the company's announcement that Lenalidomide Capsules would be available in the US, Zydus Lifesciences saw a 3% increase. Bombay Dyeing and Manufacturing Company saw a 3.38 percent increase after announcing that its board will review a plan to raise money by issuing equity shares with rights on September 22, 2022.  

As China maintained its loan prime rate unchanged and Japan's inflation picked up speed, European markets fell while Asian stocks rose broadly on Tuesday. According to government data, Japan's core consumer prices increased 2.8% in August from a year prior. That represents the fastest expansion in almost eight years, and it also marks the sixth month in a straight that inflation has risen above the central bank's 2% objective.