Cryptocurrency prices have always been surging with a significant jump in the last few years. However, on Friday, major cryptocurrencies traded lower as the US regulator delayed the approval of Bitcoin ETFs.  

Several Small cap stocks caught investors’ attention after gaining on intraday basis.

The stocks to watch out on June 21 include Maruti Suzuki, Insecticides (India), Oriental Carbon & Chemicals, Phillips Carbon Black, and Fine Organic Industries.  

Sensex and Nifty witnessed increased volatility on Friday. Recovering from the day’s low, Sensex closed at 52,344.45 levels, up by 21.12 points or 0.04 per cent. Unbothered by the volatility in markets, some stocks locked in their upper circuits on Friday.  

IT sector has seen a massive improvement in the investor sentiment and has also been rerated since the advent of the pandemic.

A summary of the news that is impacting markets and the economy over the last one week.

In line with Tata Group’s philosophy to promote green manufacturing, Tata Motors and Tata Power today jointly inaugurated India’s largest grid-synchronised, behind-the-metre solar carport at Tata Motors’ car plant in Chikhali (Pune).   

Wipro Limited announced a partnership with Exaware, a leading provider of open network routing solutions to jointly develop advanced engineering solutions to foster innovation in networking & streamline 5G technology upgrades.   

An index fund is a type of mutual fund that imitates the portfolio of the index.

In the Indian stock market, we have seen many stories of penny stocks becoming multi-baggers over a period of time. However, the big challenge in investing in the penny stock is ‘to find a needle in a haystack’. The probability of striking a multi-bagger penny stock is extremely low.