Watch out for these penny stocks locked in the upper circuit on April 26 Watch out for these penny stocks locked in the upper circuit on April 26 Stocks on Wall Street drastically declined overnight due to weak economic data and weak earnings. Kaustubh Bhosale / Wednesday, April 26, 2023 0 2210 Article rating: 3.8 According to a study, U.S. consumer confidence hit a nine-month low in April, heightening worries about a potential impending recession. Asian markets continued to be quiet. Read more
Watch out for these penny stocks locked in the upper circuit on April 25 Watch out for these penny stocks locked in the upper circuit on April 25 The focus switched to a number of significant earnings reports due this week and the Indian stock market followed mixed movements across international markets. Kaustubh Bhosale / Tuesday, April 25, 2023 0 2296 Article rating: 4.2 The benchmarks for Indian equities, the Nifty 50 and Sensex, started Tuesday's session on a moderately bullish note, losing momentum after staging a late-afternoon recovery on Monday driven by financial and IT firms. Read more
Watch out for these penny stocks locked in the upper circuit on April 24 Watch out for these penny stocks locked in the upper circuit on April 24 On Monday, ICICI Bank gained more than 2 per cent. The two firms' strong financial performance may help to restore the public's confidence after it had been damaged by the poor performance and future prospects of the leading IT companies. Kaustubh Bhosale / Monday, April 24, 2023 0 2763 Article rating: 4.0 On Monday, Indian markets began higher as stronger quarterly results from industry giants ICICI Bank Ltd. and Reliance Industries Ltd. calmed some worries about a weak start to the earnings season. Read more
Watch out for these penny stocks locked in the upper circuit on April 21 Watch out for these penny stocks locked in the upper circuit on April 21 Investors were also waiting for Reliance's quarterly results, which were expected after the market closed on Friday. Kaustubh Bhosale / Friday, April 21, 2023 0 2456 Article rating: 4.1 However, concerns remained about the IT sector due to HCLTech's lower-than-anticipated revenue growth forecast for FY2024. Read more
Watch out for these penny stocks locked in the upper circuit on April 19 Watch out for these penny stocks locked in the upper circuit on April 19 The weak sentiment was a result of a lacklustre beginning to the quarterly earnings season. Kaustubh Bhosale / Wednesday, April 19, 2023 1 3533 Article rating: 3.5 Although high-weightage financials remained relatively stable, IT stocks fell by more than 1 per cent. It is anticipated that the markets will remain unsteady and erratic, and the earnings season will be the primary driver until the U.S. Federal Reserve rate decision on May 3. Read more