Sovereign Gold Bonds (SGBs) experienced a significant drop of 8-10% as investors shied away from the secondary market following the government’s withdrawal of tax benefits on capital gains at maturity. This move, coupled with falling gold prices, has prompted wealth managers to advise investors to re-evaluate their investment strategies.
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,