In the week ending June 20, the benchmark Sensex rose by approximately 1.6%. Amid this market uptrend, 11 penny stocks recorded weekly gains ranging from 10% to 25%. These stocks were identified based on specific criteria: a market capitalization of less than ₹1,000 crore, a share price under ₹20, and a recent minimum trading volume of 5 lakh shares. (Data Source: ACE Equity)
Mid and smallcap earnings to outshine Nifty 50 despite valuation concerns: Manish Sonthalia
Manish Sonthalia of Emkay Investment Managers suggests buying on dips in the current market, supported by earnings, macros, and global flows. He favors public sector