231 smallcaps suffer double-digit losses as investors sell in May . Will they come back in June? The stock market cliche of sell in May and go away proved true this year amid general election uncertainties. Concerns over BJP s election performance and significant volatility affected investor sentiments. Benchmark indices like Sensex and Nifty experienced slight declines.
India Business News: The list of election season winners is dominated by shares of defence PSUs, which are among the primary beneficiaries of PM Modi's 'Aatmanirbhar Bhara
Strong Q4 and FY24 earnings, better financials than its competitors, and a focus on diversification are among the reasons why the stock has quadrupled in the past 12 months.
Cochin Shipyard shares rise 3% after subsidiary wins order worth Rs 100 to Rs 250 crore businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.