Top 10 Penny Stocks Gainers Today - September 13, 2022

On Tuesday, the domestic equities benchmarks finished with significant increases. 

The sentiment was buoyed by encouraging global cues. The Nifty reached a closing level above 18,050. Demand was high for metal, durable goods, and financial services equities. Conversely, shares in the oil and gas, real estate, and IT sectors fell. Investors will closely watch the US inflation data that was scheduled to be released later in the day on Tuesday because it will provide a key indicator of the US Federal Reserve's interest rate forecast.

List of Penny Stocks Today: September 13

Following Table Shows Penny Stocks That Gained Most on September 13

The barometer index, the S&P BSE Sensex, rose 455.95 points or 0.76% to 60,571.08 as per preliminary closing data. To reach 18,070.05, the Nifty 50 index increased by 133.70 points or 0.75%. The Sensex has increased by 2.61% over four straight sessions, while the Nifty has increased by 2.53%. The S&P BSE Small-Cap index increased 0.24%, while the S&P BSE Mid-Cap index increased 0.32% in the overall market. Positive market breadth was seen as 1,858 shares increased and 1,636 shares decreased on the BSE and 106 shares were unchanged overall. 

The US stock market is expected to open positive today, according to the Dow Jones futures, which were up 130 points. As investors awaited the release of the August inflation report from the United States, shares in Europe and Asia rose on Tuesday. According to reports, headline inflation in the United States is predicted to decrease in August. However, core inflation which excludes energy and food is anticipated to increase. 

The August data set will be announced on Tuesday, and the world's financial markets are preparing for the most recent estimate of American inflation. One of the latest statistics on inflation in the United States is the report. In an effort to tackle excessive inflation, the Federal Reserve is anticipated to announce its third consecutive 0.75 percentage point rate hike at its meeting in September. The weaker dollar and rising optimism that higher prices have reached their pinnacle helped Wall Street share indexes close higher on Monday.