Analysts expect slower-than-expected earnings growth for over 70% of Nifty companies in the next fiscal year due to weaker demand, subdued household spending, and slower credit growth. Companies like ONGC, HDFC Bank, and JSW Steel experienced earnings downgrades, while market cautiousness prevails due to lofty valuations and slowing profits.
These 6 penny stocks slip 20-25% in a week
In the week ending February 21, the benchmark Sensex index saw a decline of about 1%. Amid this downturn, 6 penny stocks experienced significant drops
February 23, 2025