Penny Stock Update: These shares gained up to 20% on Friday

Penny Stock Update: These shares gained up to 20% on Friday

by 5paisa Research Team Last Updated: Apr 08, 2022, 05:57 PM IST

Today NIFTY METAL was the best performing index and NIFTY IT was the worst-performing index.

Frontline equity indices snapped the three-day losing streak in today’s trade. Nifty 50 closed in green with a gain of 144.80 points. It opened at 17698.15 against the previous close of 17639.55, which means a gap up of 58.60 points. After slipping into negative for a brief period it saw a smart recovery. Overall, we saw that more stocks closed in green.

In today’s trade the best performing index was NIFTY METAL it was up by 2.07%. This is followed by NIFTY FMCG, which was up by 2.03%. The worst performing index in today's trade was NIFTY IT. It is down by 0.08%. Out of the total 10.0 companies forming part of the index, 4.0 companies closed in red, and 6.0 closed in green. 

Companies that supported Nifty 50 in today’s trade were Reliance Industries, ITC, JSW Steel, Grasim and SBI Life Insurance, together they contributed around 70 points gain in index. While the companies that dragged the index were Cipla, Tech Mahindra, Maruti Suzuki, HDFC Bank and HCL Tech. These companies contributed around 10 points towards the fall of Nifty 50. 

Overall market today was in favour of advances. At close advance to decline ratio stood at 363:124.

Following Table Shows Penny Stocks That Gained Most on Friday.

Company Name  

LTP (Rs)  

Change(%)  

Year High  

Year Low  

Traded Vol  

Jaiprakash Associates Limited

10.9  

19.78  

15.65  

6.4  

75059991  

Gyscoal Alloys Limited  

4.95  

10.0  

8.25  

1.9  

830521  

GTL Limited  

12.7  

9.96  

31.65  

4.8  

11422010  

Magnum Ventures Limited  

13.4  

9.84  

16.4  

4.05  

707080  

Surana Telecom and Power Limited  

14.55  

9.81  

17.95  

3.85  

316544  

Hindustan Motors Limited  

13.45  

9.8  

18.15  

6.15  

1117943  

Kaushalya Infrastructure Development Corporation Limited  

5.05  

9.78  

7.25  

1.25  

146532  

Celebrity Fashions Limited  

16.35  

9.73  

22.15  

5.1  

167037  

TCI Finance Limited  

7.9  

9.72  

11.1  

4.45  

46507  

Excel Realty N Infra Limited  

9.05  

9.7  

13.3  

1.8  

349415  

SENSEX
54,326.39
1,534.16 (2.91%)
Nifty 50
16,266.15
456.75 (2.89%)
Nifty Bank
34,276.40
960.75 (2.88%)
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SENSEX
54,326.39
1,534.16 (2.91%)
Nifty 50
16,266.15
456.75 (2.89%)
Nifty Bank
34,276.40
960.75 (2.88%)

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