In the week ending March 13, the benchmark Sensex index fell by approximately 0.7%. During this decline, 7 penny stocks experienced drops ranging from 15% to 20%. Our selection criteria targeted stocks with a market capitalization of under Rs 1000 crore, a share price below Rs 20, and a minimum trading volume of 5 lakh shares. (Data Source: ACE Equity)
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is