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Transformers and Rectifiers shares saw a significant jump of 11% reaching Rs 312. This rebound follows a recent 30% rally from a 52-week low. The company’s stock had previously fallen due to weak quarterly results. The company recently won a Rs 53 crore order from Power Grid Corp on December 4
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Silver’s sharp rally is being driven by strong industrial demand from solar, EVs and data centres, along with persistent supply deficits, says market expert Ajay Bagga. While prices may consolidate after steep gains, long-term fundamentals remain supportive. Investors should limit gold and silver exposure to around 10% of portfolios, he advises.
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Auto stocks declined as investors assessed the impact of Mexico’s proposed tariff hikes on Indian exporters. With autos and auto components forming a large share of India’s exports to Mexico, concerns over higher duties, margin pressure and trade risks weighed on sentiment, dragging the Nifty Auto index lower at the week’s start.
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PVR Inox shares jumped after the strong box office performance of Dhurandhar, which collected Rs 351.75 crore in 10 days, boosting sentiment around the multiplex operator.
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Hindustan Copper shares dipped 2% as investors booked profits after a recent surge driven by record copper prices. Copper prices have seen a significant rally this year, fueled by supply disruptions and strong demand from AI data centers and the energy transition. Analysts anticipate prices to dip in the near term, with potential for further...
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The Reserve Bank of India will buy bonds worth 500 billion rupees ($5.52 billion) on Thursday and has included more liquid papers, including the 7.18% 2033 and former benchmark 6.33% 2035 bonds.
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Global markets face a crucial week as political negotiations in Europe, a wave of delayed US economic data and key central-bank meetings converge, shaping expectations for growth, inflation and monetary policy in the year ahead.
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Corona Remedies shares rose sharply on December 15, extending gains after a blockbuster IPO debut. Strong institutional demand, consistent profitability and a focused chronic therapy portfolio have supported post-listing momentum, even as the stock trades at rich valuations, keeping investors watchful of execution and margin sustainability.
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Shares of Kaynes Technology rebounded sharply after a prolonged correction, supported by a positive brokerage view from Elara Capital, which said recent concerns around accounting and cash flows were overstated and did not alter the company’s long-term growth outlook.
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