Top 10 Penny Stocks Gainers Today - September 14, 2022

After a choppy day on Wednesday, the major equity indices concluded with slight losses. 

After touching the day's low of 17,771.15 in the opening hours of trading, the Nifty was able to close above the 18,000 mark. While IT equities experienced intense pressure, banks, metals, and financial companies all closed the day higher. Due to negative global cues, domestic shares opened with significant losses today. The selloff came after a US inflation report that was hotter than anticipated, increasing the likelihood that the US Federal Reserve may raise interest rates quickly.

List of Penny Stocks Today: September 14

Following Table Shows Penny Stocks That Gained Most on September 14

The S&P BSE Sensex, the barometer index, decreased by 224.11 points, or 0.37%, to reach 60,346.97. To 18,003.75, the Nifty 50 index dropped 66.30 points or 0.37%. The S&P BSE Mid-Cap index and S&P BSE Small-Cap index both decreased in the overall market by 0.10% and 0.01%, respectively. Market breadth was depressing as 1685 shares on the BSE increased while 1789 shares decreased and 137 shares were unchanged overall. 

The US Dow Jones index futures were up 92 points, pointing to a positive start to today's trading in US stocks. On Wednesday, shares fell in Europe and Asia as a scorching US inflation report shattered expectations for an inflation peak and fuelled speculation that interest rates may need to be raised further and for a longer period of time. As a result of the US inflation news, US markets sank significantly on Tuesday. To close at 31,104.97, the Dow Jones Industrial Average lost 1,276.37 points or 3.94%. The S&P 500 fell to 3,932.69, a 4.32% decline, and the Nasdaq Composite fell to 11,633.57, a 5.16% decline. 

After remaining constant in July, the US consumer price index tacked on 0.1% of growth last month. The CPI rose 8.3% during the previous twelve months through August. That was a slowdown from the 8.5% increase in July and the 9.1% increase in June.