Top Penny Stocks Gainers Today - August 26, 2022

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Penny Stocks to Buy
by 5paisa Research Team Last Updated: 2022-08-26T18:00:21+05:30

The key equity indices ended with minor gains on Friday.  

Today, demand was high for metal, durable goods, and PSU bank equities. However, shares of private banks and media real estate were under pressure. The Nifty began trading higher and quickly reached the day's high of 17,685.85. Throughout the majority of the trading session, it moved with small gains. The index experienced some volatility and fell as low as 17,519.35 in the late trade, but it recovered and managed to finish with respectable gains.

List of Penny Stocks Today: August 26

Following Table Shows Penny Stocks That Gained Most on August 26

Symbol  

LTP  

chng  

%chng  

Kridhan Infra  

4.5  

0.75  

20  

Cinevista  

14.9  

1.35  

9.96  

Peninsula Land  

14.95  

1.35  

9.93  

Ravikumar Distilleries  

13.55  

1.2  

9.72  

Nila Spaces  

3.1  

0.25  

8.77  

MPS Infotecnics  

0.75  

0.05  

7.14  

Sanwaria Consumer  

0.8  

0.05  

6.67  

Shekhawati Poly-Yarn  

0.95  

0.05  

5.56  

JBF Industries  

12.65  

0.6  

4.98  

SICAL Logistics  

9.5  

0.45  

4.97  

The S&P BSE Sensex, the barometer index, increased 59.15 points or 0.10% to 58,833.87. To reach 17,558.90, the Nifty 50 index increased by 36.45 points or 0.21%. The S&P BSE Small-Cap index increased 0.35%, while the S&P BSE Mid-Cap index increased 0.40% in the overall market. Market breadth was positive as 2,003 shares increased and 1,414 shares decreased on the BSE and 150 shares were unchanged in all. The NSE's India VIX, a measure of the market's expectation of short-term volatility, decreased by 6.92% to 18.22.

Investors listened intently to Jerome Powell, the chairman of the Federal Reserve, speaking at the central bank's economic symposium in Jackson Hole, Wyoming, hoping to glean information about the bank's view of the economy and interest rates. As investors anticipated Fed Chair Jerome Powell's address at Jackson Hole later in the day in the United States, shares in Europe fell while the majority of Asian stocks were higher on Friday.

As Powell is scheduled to speak today, investors across the world will be watching at London time for hints about the speed and trajectory of the central bank's measures to tighten monetary policy to contain inflation. Fed observers anticipate him to support the institution's mission to fight inflation and restrain expectations for future price increases. The U.K. energy regulator Ofgem also revealed its most recent hike in the nation's energy price ceiling, providing a gloomy picture of the direction of the country's worsening cost of living crisis and inflation expectations.

 

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