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

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 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. 

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

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 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.

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

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 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.

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

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 Article rating: 4.1

However, concerns remained about the IT sector due to HCLTech's lower-than-anticipated revenue growth forecast for FY2024. 

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

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 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.

This small-cap stock that has delivered a staggering 35,000 per cent return over the past decade, turning a Rs 10,000 investment into Rs 35 lakh!
This small-cap stock that has delivered a staggering 35,000 per cent return over the past decade, turning a Rs 10,000 investment into Rs 35 lakh!

This small-cap stock that has delivered a staggering 35,000 per cent return over the past decade, turning a Rs 10,000 investment into Rs 35 lakh!

The company has diversified its manufacturing capabilities across various FMCG categories, including food and beverages, home care, fabric care, beauty and personal care, health care and wellness, leather and sports footwear and pest control, among others.

Kaustubh Bhosale Article rating: 4.6

While the company has returned 627 per cent over the last five years and the stock has surged 400 per cent in the last three years, its shares have been under pressure this year, falling 6.80 per cent year-to-date.

Watch out for these penny stocks locked in the upper circuit on April 17
Watch out for these penny stocks locked in the upper circuit on April 17

Watch out for these penny stocks locked in the upper circuit on April 17

After forecasting revenue growth at a six-year low in fiscal 2024 due to U.S. and European clients postponing spending, Infosys was down 11.5 per cent and the main drag on the Nifty 50.

Kaustubh Bhosale Article rating: 4.0

Of the 13 major sectoral indices, eight showed a fall. With a 6.5per cent decline, the IT index was headed for its largest one-day loss since March 2020. All ten of the components decreased by 2.4 per cent to 15 per cent.

Watch out for these penny stocks locked in the upper circuit on April 13
Watch out for these penny stocks locked in the upper circuit on April 13

Watch out for these penny stocks locked in the upper circuit on April 13

The information technology (IT) sector saw a decline in demand. The trading activity was unstable because of the expiration of weekly index options on the NSE.

Kaustubh Bhosale Article rating: 3.8

Despite this, the overall market showed positive breadth with 1,857 shares increasing whereas, 1,237 shares decreasing on the BSE and 142 shares remained unchanged.

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