Top gainers

Top gainers stocks are shares of companies that have seen the highest price increase in a single trading day. These stocks are highly preferred by short-term traders in the stock market. On each trading day of the stock market, traders look for top gainer stocks to understand the market sentiment and analyse the sectors and stocks dominating the market momentum.

• Top gainer stock refers to stocks trading higher than the previous closing price and tend to close higher than their previous day’s closing. 
• These stocks assist investors and traders in judging market sentiment.

How to calculate the percentage change in top gainer stocks

The increase in the top gainer stock can be calculated in absolute and percentage terms.  It is compared with its opening price of the current trading day to find the change in a top gainer stock during a trading day. 

The general formula to find the percentage change in a top gainer stocks is:

Formula = [(current market price -opening price ) /opening price] *100

The above formula is used to calculate the percentage increase in the price of a stock in comparison to its opening price. It assists investors to find and invest in top gainer stocks.

What do top gainer stocks indicate

1. Upward momentum in price: Top gainer stocks depict an upward or positive price change. For example, Suppose a stock from the Nifty 50 index opened at a price of Rs.100 at 9:30 AM. The stock’s previous closing price was Rs.102; during the day, it surged to Rs.110 and closed at Rs.105. This means that the stock rose by 10% during the trading day and closed higher than the previous day’s closing price. In such a case, the stock is considered a top gainer stock.
2. Positive sectoral performance: When multiple stocks of a specific sector become top gainer stocks during a trading day, it indicates that the particular sector is moving in the upward direction and is experiencing strong demand from investors and traders.
3. Opportunity for short-term trades: Top gainer stocks depict a strong bullish trend during a trading day, which indicates that there is strong demand for the stocks, and short-term traders, such as intraday trades, tend to trade in these stocks to generate returns from the upward price momentum in top gainer stocks.
4. Positive market sentiment: Top gainer stocks help investors and traders to understand that the market is moving in a positive direction, with various stocks experiencing price surges and closing at a price higher than their previous closing prices.

How can you identify top gainer stocks

1. Stock screeners: Screeners are tech-enabled tools through which investors can categorise a number of stocks based on predetermined criteria. Through screeners, investors and traders can create a portfolio of top gainer stocks by filtering out suitable top gainer stock for investment.
2. Financial news and media channels: Financial news channels are a very convenient source for identifying top gainer stocks because these channels track markets regularly and feature significant market events, such as top gainer stocks, on a daily basis in their reports. Thus, investors can use these resources to identify and buy top gainer stocks.

How to identify top gainer stocks using Univest

Now, investors and traders can use the mobile application of Univest to access the list of 30 top gainer stocks during a trading day. Univest is an investment advisory platform that helps investors to invest in the stock and commodity markets through its expert recommendations based on the research of its SEBI-registered research analysts.

• Univest is India’s best investment advisory platform for stock and commodity investors.
• The recommendations of Univest are based on the research of SEBI-registered research analysts.

Investors can receive these recommendations on the mobile application of Univest, which is available on the Google Play Store and the Apple Store. Univest has a portfolio of over 30 lac plus satisfied customers who receive daily investment recommendations from research analysts of Univest. Along with the recommendations, Univest users get access to a plethora of AI-based research tools that they can use to filter, analyse, and choose the best investment opportunity.

• Users must download and register on the Univest app to receive investment tips.
• Univest has a user base of over 30 lac customers.

The top gainer screener is a valuable tool that investors can use to filter 30 top gainer stocks that have seen significant price surges during the day and have closed higher than the previous day. Investors can access this screener through the following steps:

To access this screener, users must follow the below steps:

1. Download and complete the signup process for the app.
2. After completing the signup process, open the Univest app and locate the screeners section at the bottom of the home screen
3. Click on the screener option, and an interface with various screeners will be shown.
4. Scroll down on the screen, and you will find the top gainer screener under the head of general market screeners.
5. Click on the top gainer screener, and you will see a list of 30 top gainer stocks of the day.

The top gainer screener assists investors in choosing the right top gainer stocks for smart and profitable investing in the stock market. With this screener, traders can trade and generate returns from these stocks during a trading day.

• Users can use the Univest app to access the top gainer screener and choose the right top gainer stock for investment.
• The top gainer screener gives users 30 top gainer stocks of the day.

Key takeaways

• Top gainer stocks hold significant value for stock market traders.
• Top gainer stocks trade and close higher than their previous closing prices on a trading day.
• A top gainer stock provides essential insights to investors about the stock market performance of a trading day.
• Investors can use screeners and financial news channels to identify top gainer stocks.
• Univest is an investment advisory platform that provides a top gainer screener to its users for easy identification and investing in top gainer stocks.
• Users can access the top gainer screener on the Univest mobile application.