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Indian equity trading has been volatile with a negative bias for quite some time. Over the last 10 trading sessions, the benchmark index, Sensex, has lost more than 3,000 points. From its 52-week high, the Sensex has dropped by 8.5%, while the BSE500 index has fallen by approximately 9%. However, within the BSE500 index, there are seven stocks that have experienced a decline of more than 50% from their 52-week high. Take a look. (Data Source: ACE Equity)
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Often bought by investors for quick gains, penny stocks too made news in 2024 with a clutch of them rising by more than 1,000% within a year. ET has identified 15 stocks which have risen by up to 65,000%. Here's a list of top ten gainers:
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2024 is marked by India's ambitious Union Budget, a significant Chinese stimulus package, and notable market dynamics. Domestic Institutional Investors stabilized the market amid foreign outflows, while the IPO surge and SIP growth reflected strong retail investor confidence. Key stocks exhibited significant price fluctuations due to sectoral shifts and global economic conditions.
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