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Shares of Karnataka Bank surged after a stake purchase by Aditya Kumar Halwasia, the Chairman and Managing Director (CMD) of Cupid Ltd.
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Groww’s parent, Billionbrains Garage Ventures, rebounded after a sharp fall, supported by strong profitability, high margins and rapid scalability. Despite steep valuations and potential regulatory risks, demand remains firm due to digital dominance and efficient operations. Investor enthusiasm follows heavy FOMO-driven post-listing gains and strong institutional interest during the IPO.
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NBCC’s shares gained after the company secured multiple new project orders across Tamil Nadu, Agra, and Jharkhand. Strong yearly gains, premium valuations, and bullish technical indicators support sentiment. Order inflows, stable momentum, and sustained sector demand continue to reinforce investor confidence in the company’s growth outlook.
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Indian equities surged on Monday, November 24, driven by strong performances in IT and bank stocks. The S&P BSE Sensex opened 88 points higher, while the NSE Nifty 50 also saw an upward trend. However, auto stocks experienced a decline at the session’s start.
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BSE shares have jumped 15% in the past month and now sit just 6% below their record high of Rs 3,030. The stock has rebounded nearly 50% from its late-September low as concerns over possible F&O curbs eased. After sliding sharply due to regulatory uncertainty, the exchange has staged a strong comeback, drawing renewed investor attention.
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