In the week ending May 23, the benchmark Sensex fell by approximately 0.74%. However, despite the overall market downturn, seven penny stocks posted weekly gains ranging from 10% to 30%. These stocks were selected based on specific criteria: a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a minimum latest trading volume of 5 lakh shares, according to the latest available data. (Data Source: ACE Equity)
Dollar set for weekly gains as yields surge, Fed bets build
The dollar has achieved consecutive weekly gains for the first time in over three months, bolstered by rising Treasury yields. Anticipations of additional rate hikes