Top 10 Penny Stocks Gainers Today - July 06, 2022

5paisa Research Team 5paisa Research Team 7th September 2023 - 05:09 pm

With an increase in the majority of sectors, the Indian market benchmarks BSE Sensex and NSE Nifty 50 reached one-month closing highs on 06 July.

On Wednesday, a rebound was seen across most sectors, and Indian equities indexes reached one-month highs. Although the recent decline in oil benchmarks helped the mood on Dalal Street, worries over steep increases in COVID-19, and rising interest rates kept investors on the defensive globally.

List of Penny Stocks Gainers Today: July 06

Following Table Shows Penny Stocks That Gained Most on Wednesday

Sr No.	Symbol	LTP (Rs)	change	% change
1	Cinevista	12.55	1.1	9.61
2	Nila Infrastructures	5.95	0.5	9.17
3	MPS Infotecnics	0.8	0.05	6.67
4	A2z Infra Engineering	11.6	0.55	4.98
5	Ansal Properties and Infrastructure	13.7	0.65	4.98
6	Lypsa Gems & Jewellery	6.35	0.3	4.96
7	Peninsula Land	10.85	0.5	4.83
8	Jain Studios	2.2	0.1	4.76
9	Nila Spaces	3.3	0.15	4.76
10	Techindia Nirman	11	0.5	4.76

The barometer index, the S&P BSE Sensex, increased by 616.62 points or 1.16% to 53,750.97 as of preliminary closing data. To reach 15,989.80, the Nifty 50 index gained 178.95 points or 1.13%. The S&P BSE Mid-Cap index increased by 1.76% and the S&P BSE Small-Cap index increased by 0.94% in the overall market.

Shares increased across all industries, with bank, FMCG, real estate, and auto companies driving the rally. The Nifty Midcap 100 and the Nifty Smallcap 100 both increased by 1.9% and 0.5% respectively, mirroring the increases in the leading indices in broader markets. Heavyweight businesses including Hindustan Unilever, HDFC Bank, Bajaj Finance, and Kotak Mahindra Bank have been seen buying.

Market breadth was strong as 1,846 shares increased and 1,453 shares decreased on the BSE and 137 shares in total remained unchanged. Overnight, there was some cooling off in the price of petroleum, which encouraged local investors. Futures for crude oil increased after falling overnight. Brent crude for September 2022 settlement was up $1.98 or 1.93% up at $104.75, according to the commodities market. India gains from low crude prices since they have a favourable effect on the country's growth, current account deficit (CAD), inflation, and fiscal deficit.

Investors will pay close attention to the Federal Reserve's minutes from its meeting in June when they are released late on Wednesday. On Wednesday, European equities increased on a general basis while Asian shares declined.

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