During the weekend ending July 26, the Indian benchmark index Sensex saw a modest rise, even though it closed in the red for four out of the last five sessions. ETMarkets identified five penny stocks that experienced price increases more than 10% over the week. Our selection criteria focused on stocks with a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a last trading volume exceeding 50 lakh shares.(Data Source: ACE Equity)
Stocks to buy: LIC, M&M and Grasim on investors’ radar
Sensex and Nifty declined amid caution ahead of the RBI’s monetary policy announcement and foreign fund outflows. Analyst Kushal Gandhi advises against purchasing LIC and