Top 10 Penny Stocks Gainers Today - September 20, 2022

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Penny Stocks to Buy
by 5paisa Research Team Last Updated: 2022-09-20T16:45:47+05:30

On Tuesday, the major equity barometers saw significant advances.  

Strong Asian cues and consistent foreign investment flow boosted market sentiment. The Nifty reached a closing high of 17,800. Healthcare, pharmaceuticals, and consumer durables led the rally across all NSE sectoral indices.  

The S&P BSE Sensex, a gauge index, increased 578.51 points or 0.98% to 59,719.74. To reach 17,816.25, the Nifty 50 index gained 194 points or 1.10%. The S&P BSE Small-Cap index grew 1.01%, while the S&P BSE Mid-Cap index increased 1.65% in the overall market. Market breadth was substantial as 2106 shares increased while 1365 shares decreased on the BSE and 131 shares in total remained unchanged.

List of Penny Stocks Today: September 20

Following Table Shows Penny Stocks That Gained Most on September 20

Symbol  

LTP  

chng  

%chng  

Sambhaav Media  

5.2  

0.45  

9.47  

Stampede Capital  

0.65  

0.05  

8.33  

Vikas Proppant & Granite  

0.95  

0.05  

5.56  

Ankit Metal & Power  

6.3  

0.3  

5  

Jyoti Structures  

17.85  

0.85  

5  

Oil Country Tubular  

11.55  

0.55  

5  

Parsvnath Developers  

8.4  

0.4  

5  

Cyber Media India  

18.95  

0.9  

4.99  

Excel Realty N Infra  

9.55  

0.45  

4.95  

Arshiya  

16.05  

0.75  

4.9  

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. 

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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.

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