Ninety smallcaps lost 10-30% despite market clocking gains for second week
In the week gone by, as benchmark indices gained 0.5-1 percent, 90 smallcap stocks fell 10-30 percent including Rupa and Company, Godawari Power & Ispat, Globus Spirits, Jindal Stainless, Indian Metals & Ferro Alloys, Birla Tyres, and Future Retail. Read here.
Take a look at these key events
Today: Indian students of Chinese medical colleges to organise mass gathering at Jantar Mantar, Delhi President Ram Nath Kovind to attend ayurveda conference in Ujjain IPL 2022 Final: Aamir Khan to unveil on television during 2nd strategic timeout trailer his upcoming film ‘Laal Singh Chaddha’ Mumbai International Film Festival, featuring documentaries, short fiction and animation films, to begin Tomorrow: Gyanvapi-Shringar Gauri Complex Case: Court to continue hearing on maintainability Expert committee set up by road transport ministry to investigate cases of EV two-wheelers catching fire to submit report LIC to declare Q4FY22 Results Chinese Visa Scam: Karti gets interim protection from arrest till today ABIL group chairman Avinash Bhosale to be kept at CBI guest house till today Vice President Venkaiah Naidu on official visit to Gabon, Senegal and Qatar Indo-Pak talks on water issues PM Modi to participate in programme to release benefits under PM Cares For Children Scheme on May 30 India, Bangladesh foreign ministers to co-chair Joint Consultative Commission meeting in Delhi
India faces wider coal shortages, worsening power-outage risks
India is expected to face a wider coal shortage during the quarter ending September over expectations of higher power demand, an internal power ministry presentation seen by Reuters showed, worsening risks of widespread power outages. Read here to know more.
Kia EV6 vs Tesla Model 3: An unconventional but fun comparison
Kia is all set to launch the EV6 in India on June 2 in two trim variants. While Tesla has not yet entered the Indian market, the Model 3 is expected later this year. So, there is the obvious question: If the prices are roughly the same, should I choose the sedan or the crossover? Here’s an unconventional rivalry for you. Read here for more.
What should you do with your investments amid volatility in stock markets?
Current market volatility has spooked investors. Expert explains how investors can navigate this phase of the market. Here is the episode of Simply Save Podcast. Listen in.
Meet PhysicsWallah’s Alakh Pandey who runs an edtech worth a billion dollars
Prayagraj-based physics teacher built an edtech startup after rejecting a whopping Rs 40 crore per annum offer from SoftBank-backed Unacademy, . This is the story of Alakh Pandey. Read here.
Redmi 11 5G launch in India by June end: Report
Xiaomi is gearing up to launch a new smartphone in the Redmi series in India. The Redmi 11 5G is expected to be priced at Rs 13,999 for the base 4GB/64GB model. Read more here.
Father’s reaction to son’s Forbes honour is making Twitter laugh
Desi parents are tough to please and even recognition by one of the world’s best business magazines might get you just a thumbs up emoticon from them. Read on.