Market move▼ Bearish for Indian equities
9 penny stocks crash up to 57% in just 2 months
The brief
- Fourteen penny stocks fell between 20% and 57%; nine crashed by up to 57% in two months
- The sell-off underscores downside risk for Indian small-cap investors
- IT Q2 Preview: Large-cap firms seen posting weakest growth in three years; midcaps may outperform
- AI winners and losers are emerging in Indian IT, says BNP’s Kumar Rakesh
- Nifty 500’s hidden bear market: Half the stocks are down over 30% from highs
- IT Q2 Preview: Infosys, Other Large Caps May Cut Guidance As AI Deflation Bites, Mid-Caps To Buck The Trend
- Feeling blue: Near 40% of Nifty stocks down over 20%; ₹31 trn wiped out