Stocks that were in focus included names like SAIL, which rose 7.36%, MCX, which was down 4.63%, and HUL, whose shares declined 4.65% on Wednesday.
Small cap stocks surged at the end of 2023, as expectations grew that the Fed was done raising interest rates and would soon begin easing
The unexpected move is also seen bringing down yields on short-term government bonds, as the three securities that the government has chosen to buy back
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