Eleven penny stocks have delivered over 10,000% returns since May 2021, transforming Rs 1 lakh into over Rs 21 crore for some investors. These rallies were fueled by sectors like power, defence, and infrastructure, alongside a surge in retail participation. However, experts caution about the extreme risks associated with these volatile, thinly traded stocks.
Asian stocks fall, oil gains as US strikes Iran
US forces launched fresh strikes on Iran, escalating geopolitical risks and sending oil prices up over 2%. This development, coupled with a renewed selloff in