Market breadth has turned positive, with 73% of Nifty 50 stocks trading above their 50 EMA. This indicates expanding participation in the ongoing rally. Technical indicators suggest a strong upward trend for Nifty and Bank Nifty. Analysts recommend a buy-on-dips strategy for Nifty as long as it holds above 26,000. Bank Nifty is expected to move towards 61,500.
10 penny stocks plunge up to 53% in a month – Are you affected?
Ten penny stocks with market caps under Rs 1,000 crore and prices below Rs 20 fell 25–53% in one month, highlighting high volatility, liquidity risks,