Mid- & small-caps can rise further, but some on Street wary

All three indices are up between 4.7% and 5.2% in the last three days, against the 2.25% upmove in the benchmark Nifty 50. The nervous sentiment in the domestic market has eased of late, tracking the improved mood globally, also with selling by foreign investors subsiding.

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6 penny stocks soared 20-60% in a week

Our selection criteria focused on stocks with a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume