Penny Stock Update: These stocks gained up to 20% on Wednesday

resr 5paisa Research Team 9th December 2022 - 01:47 pm
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On Wednesday, the Indian equity market closed on a positive note with BSE Auto as the top gainer, up by 2.24%.

The Indian equity market extended gains for the second day in a row and ended on a positive note with all sectoral indices closing with a green mark.

In today’s trade Nifty 50 and BSE Sensex indices closed in green, up by 293.05 points i.e., 1.71% and 1,016.03 points i.e., 1.76%, respectively. Stocks supporting BSE Sensex and Nifty 50 to pull up were Bajaj Finance Ltd, Infosys Ltd, ICICI Bank, HDFC Bank and Reliance Industries Ltd. Whereas stock that dragged the BSE Sensex and Nifty 50 down were Kotak Mahindra Bank Ltd and Power Grid Corp Ltd. The BSE Sensex and Nifty 50 Index opened up by 0.81% and 0.91%, respectively from their previous close.

In Wednesday’s trading session the S&P BSE Auto, S&P BSE TECk, S&P BSE Telecom, S&P BSE Information Technology, S&P BSE GREENEX and S&P BSE Consumer Discretionary Goods & Services were top gainers. BSE Auto index consisting of stocks such as Balkrishna Industries Ltd, Maruti Suzuki India Ltd, Ashok Leyland Ltd, Motherson Sumi Systems Ltd, Tata Motors Ltd and TVS Motor Company Ltd were the top gainers.

Here is the list of penny stocks that gained up to 20% on a closing basis on Wednesday, December 8, 2021:

List of penny stocks to buy: 

Sr No.                         

Stock                         

LTP                          

Price Gain%                         

1.                         

Hindustan Construction Company Ltd 

15.60 

20.00 

2.                         

Next Mediaworks Ltd 

6.60 

20.00 

3.                         

Ansal Housing Ltd 

10.30 

19.77 

4.                         

PBA Infrastructure Ltd 

12.70 

9.96 

5.                         

Adroit Infotech Ltd 

14.40 

9.92 

6.                         

Uttam Galva Steels Ltd 

5.05 

9.78 

7.                         

BLB Ltd 

13.50 

9.76 

8.                         

Jump Networks Ltd 

8.45 

9.74 

9.                         

Shyam Telecom Ltd 

10.70 

9.74 

10. 

Celebrity Fashions Ltd 

13.55 

9.72 

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