Since last Diwali, the benchmark Sensex index has surged by around 22%. Amid this impressive rally, several penny stocks have transformed into multibaggers. ETMarkets identified 10 penny stocks that have gained between 100% and 300% during this period. The selection focused on stocks with a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a last trading volume of over 5 lakh shares. (Data Source: ACE Equity)
Sebi sees no manipulation in new CAS despite participation concerns
The Securities and Exchange Board of India has confirmed that no manipulation exists within the newly established closing auction system. This session, which establishes closing