News for Mid India Industries Limited (MIDINDIA.BO)

Data showed that at least 12 stocks, which were traded below Rs 1 in April 2013, have surged up to 208 times in the last 10 years, with Shukra Pharmaceuticals leading the pack with a rally of 20,744 per cent.

Data showed that at least 60 stocks on the BSE have rallied over 250% since October 19, 2021, when the benchmark equity index BSE Sensex hit its all-time high of 62,245.43. Since then, the 30-share index has plunged nearly 13% to date.

Benchmark BSE Sensex retreated over 10% to 52,541 on June 15, 2022 from 58,569 on March 31, 2022. But some stocks continued to do well.

Amid the ongoing volatility in the domestic equity market, select little-known stocks from the broader markets have managed to deliver a stupendous return to investors since the beginning of the ongoing calendar year.

Indian equity markets turned negative on Wednesday as selling pressure built up in IT and FMCG counters. The key indices were choppy in trade, in line with global markets ahead of key macro-economic data. While S&P BSE Sensex fell more than 800 points, NSE Nifty 50 dived below 16,000 support zone to hit a low of 15,992

BSE Sensex and Nifty 50 were trading over 1 per cent higher on Thursday, a day of monthly F&O expiry, as bulls made a comeback.