New Delhi, Dec. 19 -- Penny stock under Re 1 Filatex Fashions, trading below Re 1, jumped 5% in intraday trade on Friday, December 19, tracking a sharp recovery in the broader Indian equity markets.
The domestic stock market saw strong buying interest during the session despite the Bank of Japan (BoJ) hiking interest rates and signalling the possibility of further increases. The Sensex surged nearly 600 points to an intraday high of 85,067, while the Nifty 50 moved back above the 25,979 mark. Market gains were broad-based, with the BSE Midcap and Smallcap indices rising over 0.5% each.
Buying across sectors lifted the total market capitalisation of BSE-listed companies to nearly Rs.469 lakh crore, up from around Rs.466 lakh crore in the...
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