In the week ending May 23, the benchmark Sensex fell by approximately 0.74%. However, despite the overall market downturn, seven penny stocks posted weekly gains ranging from 10% to 30%. These stocks were selected based on specific criteria: a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a minimum latest trading volume of 5 lakh shares, according to the latest available data. (Data Source: ACE Equity)
Geopolitics, crude risk and the IT conundrum: Sridhar Sivaram on why investors may need to stay selective
Geopolitical tensions in West Asia are creating market uncertainty, impacting energy supplies and capital flows. While Indian equities have shown resilience, prolonged conflict could significantly