Reminding investors of the iron rule of mean reversion in financial markets, 12 stocks like Cochin Shipyard, HUDCO and Bharat Dynamics have crashed at least 40% from their 52-week high levels after giving multibagger returns in the last one year. A study of all BSE-listed stocks with a market capitalization of at least Rs 1,000…
READ MOREThe Budget week has not sparked any significant excitement in the market as the government measures were both populist and prudent. The increase in short- and long-term capital gains taxes added to the volatility. During the week, as many as 132 smallcap stocks delivered double digit weekly returns with eight of them offering over 25%…
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