In a dramatic turn, the Indian rupee plunged significantly, marking its steepest decline in over two months. This downturn was fueled by heightened dollar demand tied to off-market trades nearing maturity. The Reserve Bank of India stepped in but chose not to thwart the rupee’s descent. Meanwhile, bond yields surged, reaching heights not seen in the last ten months.
14 penny stocks crash up to 80% in three months. Check full list here
Over the past three months, 11 penny stocks have plunged between 50% and 80%. These underperformers were identified using a targeted screen that focused on