These stocks have higher promoter pledge of as much as 100 per cent; stay cautious!
These stocks have higher promoter pledge of as much as 100 per cent; stay cautious!

These stocks have higher promoter pledge of as much as 100 per cent; stay cautious!

Here is the list of stocks where promoters pledged percentage is quite high

Karan Dsij Article rating: 4.2

The amount of risk that companies run by pledging shares are different for small and mid-cap companies than it is for large-caps. The betas are far higher in the case of small companies because if the market corrects, the stocks of such companies plummet, resulting in financial institutions selling these shares and putting further pressure on the stocks.  

Watch out for these penny stocks locked in the upper circuit on June 27
Watch out for these penny stocks locked in the upper circuit on June 27

Watch out for these penny stocks locked in the upper circuit on June 27

Sensex is seeing a good recovery on the first day of the week.

Kaustubh Bhosale Article rating: 4.7

One of the top gainers on Sensex today is Sterling Tools, followed by Gensol Engineering, which surged 9.46 per cent & 8.91 per cent, respectively. Meanwhile, the shares of Steel Exchange India were locked in the upper circuit as the stock jumped 4.97 per cent. The share of Enkei Wheels reached a fresh 52-week high, gaining 2.2 per cent.  

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