News for Daulat Securities Limited (DAULAT.BO)

Market watchers believe that subdued global cues, intense selling by foreign institutional investors (FIIs) and risk-off sentiment across the globe amid fear of tightening by the US Fed dampened the mood in the domestic equity market.

On December 31, 2021 the BSE Sensex ended the year 2021 at 58,254 and now in 3 trading weeks into the new year while the index has advanced 1.3% to 59,037 levels, some of the scrips/stocks from the index, largely micro and small caps have delivered multibagger returns. Few of them scaling or logging such high returns following consecutive days of hitting upper circuit limit.

Read more about Several BSE-listed microcap stocks turn multibagger since start of 2022 on Business Standard. At a time when the weak broader market subdued the Indian equity market consistently, several stocks on the BSE turned multibagger since the start of the calendar year 2022.

Shares of Tranway Technologies, Triveni Glass, Orosil Smiths, Kellton Tech, BCL Enterprises, Ruttonsha International Rectifier, Tinna Rubber and Infra, Shanti Educational and Zodiac Energy have jumped between 100-145 per cent during the period under review.