Top 8 Penny Stocks Gainers Today - May 16, 2022

Penny Stock Update

Penny Stocks to Buy
by 5paisa Research Team Last Updated: 2022-08-08T18:53:53+05:30

Nifty ends above 15800 and Sensex ends with a gain of 180 points.


Top 8 Gainers Penny Stocks Today: May 16

Following Table Shows Penny Stocks That Gained Most on Monday

Sr No.  

Share Name  

LTP  

change  

(%)change  

1  

Bhandari Hosiery Exports Ltd(NDA)  

6.05  

0.55  

10  

2  

Reliance Home Finance Ltd  

3.9  

0.35  

9.86  

3  

Urja Global Ltd  

15.65  

1.4  

9.82  

4  

WINPRO INDUSTRIES LIMITED  

5.6  

0.5  

9.8  

5  

Celebrity Fashions Limited  

14.15  

1.25  

9.69  

6  

Sambhaav Media Ltd  

4.55  

0.4  

9.64  

7  

Pil Italica Lifestyle Ltd  

9.45  

0.8  

9.25  

8  

Ujaas Energy Ltd  

4.3  

0.35  

8.86  



Nifty PSU Bank index closed up 2.91% at 2474.2 today. The index was down 15.00% over the last one month. Among the constituents, Indian Bank gained 6.25%, Bank of Baroda jumped 5.11% and Bank of India rose 2.97%. Nifty PSU Bank index is up 13.00% over the last one year compared to the 7.93% surge in the benchmark Nifty 50 index.

In other indices, Nifty Realty index added 2.61% and Nifty Auto index increased 2.27% on the day. In broad markets, the Nifty 50 witnessed a rise of 0.38% to close at 15842.3 while the SENSEX added 0.34% to close at 52973.84 today.

The key equity barometers snapped its six days losing streak. Nifty has fallen 5.40% in six days. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 1.51% while the S&P BSE Small-Cap index advanced 1.15%. The market breadth, indicating the overall health of the market, was strong.

On the BSE, 2,236 shares rose while 1,159 shares fell. A total of 182 shares were unchanged. The European markets opened on a lower note as Asian indices closed on a mixed note as investors are cautious about the Chinese economic data.
 

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