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Nifty closed marginally lower on Wednesday due to profit-booking in certain sectors. Analysts anticipate a narrow trading range for Indian equities this week, with limited triggers and reduced global market activity. The India VIX remains near historical lows, supporting a bullish sentiment.
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Indian markets saw a subdued trading session on Wednesday, ending marginally lower. This consolidation follows a recent surge. Analysts suggest a positive outlook, recommending buying on dips as the Nifty maintains its uptrend. Banking index participation is crucial for further upward movement.
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China’s sole pure-play silver fund experienced a 10% plunge on Thursday, ending a speculative rally. The UBS SDIC Silver Futures Fund LOF’s manager had repeatedly warned of unsustainable gains and a high premium over underlying assets. This decline follows a historic short squeeze and record highs for spot silver.
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Leela Palaces Hotels & Resorts stock has seen an uptick, driven by expansion plans and growing travel demand. The company’s international foray into Dubai and domestic growth, coupled with a widening luxury hospitality demand-supply gap, positions it for future success. Analysts anticipate significant upside, with a ‘BUY’ rating and a target price of ₹600.
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Shyam Dhani Industries’ SME IPO drew bids worth Rs 25,000 crore, making it the most subscribed SME issue of 2025 and the fifth highest ever.
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Markets closed for Christmas, but five broker-recommended stocks offer 7%-16% upside. Key picks include Jio Financial Services, APL Apollo, CEAT, Godrej Consumer, and Belrise Industries. Technical indicators suggest potential breakouts and steady accumulation, making these stocks noteworthy for short-to-medium-term investors.
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Nifty snapped its three-day rally to close marginally lower amid profit booking in IT and consumer stocks, with markets expected to trade in a narrow range due to holiday-thinned volumes and lack of triggers.
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Indian markets ended lower in thin pre-Christmas trade as foreign selling and a lack of triggers weighed on sentiment, with Sensex and Nifty slipping marginally. Analysts said trading remained subdued in the holiday-shortened week, though RBI liquidity steps may support markets amid mixed global cues.
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LIC has cut its stake in Hindustan Copper by 2% through open-market sales between August and December, reducing its holding to about 4.1%.
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Signature Global is investing a substantial Rs 4,800 crore in a new luxury housing project in Gurugram, featuring 1,798 apartments on Dwarka Expressway. This ambitious development, named ‘Sarvam at DXP Estate’, aims to bolster the company’s expansion strategy amidst robust consumer demand. The project emphasizes sustainability and wellness, with completion anticipated by 2032.
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