Top Penny Stocks Gainers Today - August 19, 2022

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The domestic equity benchmarks ended with steep losses on Friday

Banks, financial stocks, and real estate stocks all declined. However, IT stock prices defied the general trend. After recent sharp increases, profit-taking in local shares was sparked by unfavourable global indications. In the last eight trading sessions, the Nifty 50 index increased 3.31%. Investors were alarmed by the recent comeback of the US dollar index. Risk-off trading in developing market equities may occur because of a strong increase in the dollar. FPIs sold domestic stocks worth Rs 1706 crore in net sales on Thursday.

List of Penny Stocks Today: August 19

Following Table Shows Penny Stocks That Gained Most on August 19

Sr No.  

Stock   

LTP   

Price Gain (%)  

1  

BAG Films   

5.75  

9.52  

2  

Easter silk  

4.2  

5  

3  

Setubandhan Infra  

2.1  

5  

4  

Integra Garment  

8.05  

4.55  

5  

Transwarr Fin  

9.5  

9.83  

6  

DCM Financial  

3.65  

8.96  

7  

DSJ Comm  

6.35  

4.96  

The S&P BSE Sensex, a gauge index, dropped 651.85 points, or 1.08%, to 59,646.15, during this period. To reach 17,758.45, the Nifty 50 index dropped 198.05 points, or 1.10%. The S&P BSE Small-Cap index sank 0.93%, while the S&P BSE Mid-Cap index fell 1.27% in the overall market. 

The indices were boosted by Larsen & Toubro (up 2.20%), Infosys (up 0.93%), and TCS (up 0.12%). Major laggards included IndusInd Bank (down 3.82%), Bajaj Finance (down 2.53%), Tata Steel (down 2.27%), and Bajaj Finserv (down 3.08%). Market breadth was in the red. 1427 shares on the NSE increased while 1981 shares decreased, and 120 shares were unchanged in all. The India VIX volatility index increased by nearly 5% to 18.28, signalling increased market volatility. 

The yield on the benchmark 10-year federal paper for India increased to 7.2639 from 7.242 at close in the previous trading session. The rupee declined against the dollar on the foreign currency market. In comparison to its previous closing of 79.64, the partially convertible rupee was trading at 79.84. The 5 October 2022 closing price for MCX Gold futures fell 0.17% to Rs 51,517. The US Dollar index (DXY), which measures the value of the dollar in relation to a variety of other currencies, increased 0.38% to 107.89. Brent crude for October 2022 settlement decreased $1.98 or 2.05% to $94.61 a barrel on the commodities market. 

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