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Twelve penny stocks soared up to 432% in FY26, with three turning multibaggers amid strong momentum in low-priced, high-risk micro-caps.
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Nobel laureate Paul Krugman has accused people close to former US President Donald Trump of insider trading, calling $580 million in pre-announcement oil and S&P futures bets “treason.” The trades were executed minutes before Trump’s post on US-Iran talks, triggering sharp market moves and raising serious national security concerns.
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Bharat PET has filed its DRHP with Sebi for a Rs 760-crore IPO, including a fresh issue and OFS. The issue comprises a fresh issue of equity shares worth up to Rs 120 crore and an offer for sale (OFS) of up to Rs 640 crore by promoter selling shareholders. The packaging maker plans to repay debt, fund capex and strengthen operations.
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Japanese stocks experienced their largest foreign outflows in 18 months, totaling 2.51 trillion yen, as Middle East tensions fueled inflation concerns and potential Bank of Japan rate hikes. Despite this, foreign investors bought Japanese bonds, while domestic investors reduced their foreign stock and bond purchases.
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Brigade Enterprises Ltd has launched ‘Brigade Belvedere’, a 10.75-acre residential development in East Bengaluru. The initial phase, featuring 773 premium units, is projected to generate over Rs 1,100 crore in revenue. This marks a significant new housing project for the established property developer.
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