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Five small-cap stocks, including Cupid, surged to new 52-week highs despite a muted market, posting strong monthly gains of up to 51%.
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Indian stocks extended their decline for a fourth consecutive session on Wednesday as investors booked profits near record highs. Sentiment remained cautious ahead of the Reserve Bank of India’s policy decision, while ongoing foreign outflows pressured the rupee to a new all-time low.
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Realty firm Migsun Group will invest Rs 250 crore to develop a commercial project in Yamuna Expressway region.
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Meesho’s top leadership outlines strong anchor investor interest, growth plans, and the roadmap to profitability ahead of its IPO. CEO Vidit Aatrey and CFO Dhiresh Bansal discuss user growth, monetisation levers, logistics efficiency, ad revenue expansion, and future acquisitions aimed at deepening India-wide e-commerce penetration. The company emphasises free cash flow, capital-light operations, and long-term...
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PSU bank stocks fell sharply on Wednesday after the government denied any move to hike FDI limits in public sector banks. The Nifty PSU Bank index fell over 3%, with Indian Bank and PNB declining the most as rupee weakness, profit-taking, and reduced rate-cut expectations intensified selling pressure across the sector.
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Aequs’ Rs 921.81 crore IPO saw strong Day 1 traction, getting subscribed over 2 times, led by a sevenfold retail response. With a GMP indicating a 37% premium and analysts citing strong integration in aerospace manufacturing, early sentiment remains upbeat ahead of allotment on December 8 and listing on December 10.
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Capri Global expects sustained 30% growth driven by gold loans, affordable housing demand and co-lending partnerships, says MD Rajesh Sharma. With branch expansion, improving MSME asset quality, and falling cost of funds due to rating upgrades and lower MCLR resets, the NBFC targets a ₹50,000 crore AUM and stronger profitability over the next two years.
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Nine BSE midcap stocks have rallied up to 125% in 2025, with two turning multibaggers even as the broader midcap index lagged.
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Copper hovered near record highs on MCX as the rupee’s fall past 90 boosted domestic prices. Despite profit-booking in global markets, supply concerns—from Chinese smelter cuts to higher Codelco premiums—kept sentiment firm. Analysts say the trend remains bullish, with buying on dips preferred as long as key support zones hold.
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Several global and domestic funds withdrew from Meesho’s anchor book, citing dissatisfaction with share allocation, particularly SBI Mutual Fund’s large portion. Market commentators Samir Arora and Sandip Sabharwal have raised concerns, suggesting reforms to the IPO anchor system to ensure fairness and transparency in the allotment process.
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