The bankex, financial services and power sectors on the BSE saw the biggest gains amongst all sectoral indices. 

The following penny stocks are likely to be in focus on Monday, October 17, 2022. 

Following the path, Nifty 50 too scaled up by 171 points to close the day at 17,185 level. 

The domestic markets portrayed a decent surge on the last day of the current week. Strong recovery in the global indices and upbeat earnings led to a gap-up start but the latter half witnessed profit-taking, which half-faded the gains.

Usually, the rights issue is offered at a discount but there is no specified limit that a company can offer a discount on its rights issue. So, here comes a big loophole!

This multi-bagger textile stock has been hitting the upper circuit since June 1, 2022. 

When investing in a fixed-income mutual fund, an investor must consider the risks involved in it. Here are the two most important factors to consider!

The company has a strong customer base worldwide with exports to Gulf and Middle East countries. It has also expanded its reach to Europe and USA

We will be talking about dividend champion stock, which has not only given regular dividends but also, offered multi-bagger gains in the last three years as it generated nearly 4x returns. What’s icing on the cake is that the stock is trading in single-digit PE! 

The multibagger stock has defied the frontline index S&P BSE Sensex which has given negative returns of 4.90% in the last one years, as compared to Suratwwala Business Group which has zoomed by 204%.