Stock market last week: After logging gains for seven straight weeks, key benchmark indices of the Indian stock market took a breather last week. Nifty 50 index ended 0.55 per cent or 113 points lower while BSE Sensex lost 257 points or 0.36 per cent in the previous week. Nifty Bank index lost 493 points or 1.03 per cent in last five sessions.
However, in such a volatile market, some penny stocks registered whopping gains in the week gone by. Some of these penny stocks remained one of the circuit to circuit stocks despite range-bound trend on Dalal Street. Also Read: Buy or sell: Sumeet Bagadia recommends three stocks to buy next week Here we list out top gainer penny stocks in the week gone by: 1] Smart Finsec: This micro-cap stock is listed in X category on Dalal Street.
This penny stock ended at ₹17.67 apiece levels on BSE, logging to the tune of 60 per cent rise against its close of ₹10.99 apiece one week ago. This could become possible because the penny stock hit upper circuits on all five sessions in recendly ended week. Also Read: Weekend Wrap: From Wipro to Varun Beverages, top market movers this week So, this penny stock is one of the circuit to circuit stocks of Indian stock market.
This is one of the multibagger penny stocks of Indian stock market as it has delivered near 95 per cent return in last one month whereas in last six months, this multibagger penny stock has risen to the tune of 140 per cent. IN YTd time, this multibagger stock has risen to the tune of 120 per cent. 2] Rainbow Foundations: This penny stock is listed in X category on Dalal Street.
Read more on livemint.com