Since investing in penny stocks comes with significantly high risk and increased volatile, investors are required to be 100% confident when they invest in penny stocks. Therefore, such investors should invest in penny stocks which have high FII holdings. Increased foreign investments can be a good measure which can make the investors confident. Penny stocks
The Reserve Bank on Friday said that 93 percent of Rs 2000 currency notes that were in circulation on May 19 — the day the currency was withdrawn from circulation — have been returned to banks. Until August 31, 2023, the total value of Rs 2000 bank notes received back from circulation will be Rs
Stocks of companies which are operating in a market having limited or no competition are referred to as monopoly stocks in Indian stock market. Monopoly stocks which investors should consider in 2023 are required to have a commanding position in their respective industries, creating obstacles for new competitors to enter and challenge market position. Investing
31 August 2023 – Mumbai’s adrenaline-charged property market continues its dream run. Mumbai registered 10,455 housing units in August 2023 – the third consecutive month of 10,000+ property registrations. The revenue collected by the Government this month was INR 776 Crore, a 7% decline from July 2023, but a 21% increase from August 2022. A quick
Despite slow and steady global de-dollarization, the Chinese yuan has little chance of dethroning the US dollar. It makes sense for China to want its yuan, or a collective of other currencies, to break up the dominance of the dollar, according to a note by GlobalData TS Lombard’s Skylar Montgomery. Montgomery says the dollar’s reserve
Penny stocks are the stocks which have very low price, very low market cap and are mostly illiquid. These stocks are usually listed on smaller exchange, and in India, these stocks can have prices below INR10. Since these have a very low market cap, such stocks are speculative in nature and are highly risky due
If your goal is to have a secure future, retirement planning is the key. Retirement planning is super important. When you’ve just started with your career and retirement is only a part of the distant future, you might not think too much about it. Time flies quickly. By constantly evaluating your financial situation and having
In this article, we will have a look at “One low volatile bioenergy stock to buy in 2023.” Before analysing the stock, let us have a quick overview of bioenergy and wastewater treatment industry. The emerging waste-to-energy technologies appear to have potential to impact bioenergy market by improving demand and making bioenergy more efficient. Such
In this article, we will look at “One transmission and power stock with strong order book to buy now” and will have a quick overview of transmission and power industry. Leading research and credit rating agencies have given a thumbs up to India’s transmission and power industry. This is being supported by strong improvement in
Indian stock market in 2023 should remain buoyant because a range of macro-economic factors are expected to stem their growth. Indian stock markets have exhibited a strong performance, pushing benchmark indices to fresh highs in July. There has been a successful beginning to earnings season of 1Q24. Sustained inflows from FIIs and strong financial results
