With several stocks in the midcap and smallcap space having seen multi-fold rise in prices, a section of the market believes that one should take calculative bets in these stocks and book profits at current levels.
Nykaa’s parent company, FSN E-Commerce Ventures, experienced a nearly 5% share price drop despite reporting a significant 193% surge in net profit for the March
India’s GST collection surged by 16.4% in May, driven by a significant increase in GST from imports, reaching a three-year high. Nomura anticipates a moderation
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