Penny stocks Latest News:
As soon as the market opened, the upper circuit was engaged in these small stocks today.
Kotak Mahindra Bank, HCL Technologies and NTPC Ltd were the top gainers on the Sensex.
During the business, Power Grid Corporation of India, Nestle and Wipro saw the biggest decline.
The BSE Smallcap index gained 0.80 per cent. In this, the shares of Fermenta Biotech and Dish TV India were at the top.
There is an upper circuit of 20 per cent in the shares of Fermenta Biotech and Dish TV India.
Upper circuit is also installed in Reliance Home Financ, Celebrity Fashions, Aksh Optifibre, Birla Cable.
BSE Metals and BSE Telecom were the top gainers with a jump of over one per cent.
Except for BSE oil and gas, all sectors were in the green as Russia closed a major gas pipeline to Europe.
RBI Governor Shaktikanta Das had said that the peak of inflation has come and now it will decline in the coming months.
According to SBI Research report, India is on the way to become the third largest economy in the world by 2029.