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Smallcap funds have at least 65% of their corpus invested in smaller companies. Companies ranked above 250 in terms of market capitalisation are defined as smallcaps as per Sebi.

Sensex and Nifty reached new record highs, driven by financial stocks and strong foreign fund inflows. Sensex closed at 84,928.61, while Nifty ended at 25,939.05. Key contributors included HDFC Bank and Reliance Industries. SBFC Finance shares rose 20% after an ICRA upgrade, and SpiceJet shares increased over 6% following a successful QIP.

The cryptocurrency market has evolved significantly over the past decade, with institutional involvement bringing maturity, regulatory advancements, and sophisticated financial instruments.

The top 3.5% of these traders faced even greater losses, averaging Rs 28 lakh each. Only 7.2% of individual traders managed to make a profit during this period. This report highlights the risks associated with F&O trading and aligns with previous findings from SEBI indicating high loss rates for individual traders in this segment.

By Friday, foreign institutional investors owned 9.7 trillion rupees ($116 billion) of options and futures on equity indexes and single stocks listed on the National Stock Exchange, according to data compiled by Bloomberg.

PN Gadgil Jewellers shares surged 10% after announcing plans to open 9 new stores during Navratri. The stock debuted with a 74% premium. The company is the second-largest organized jewellery player in Maharashtra.

KRN Heat Exchanger is launching an IPO of up to 1.55 crore shares, aiming to raise Rs 342 crore. The price band is set at Rs 209-220, with a lot size of 65 shares. Analysts report a current GMP of Rs 223, suggesting a 101% premium to the issue price, indicating strong investor interest.

A total of 73,433 shares changed hands on the counter till 02:10PM (IST)

Between January 2022 and August 2024, the Federal Reserve executed its most aggressive interest rate increases since the 1980s, raising rates by a total of 5.25 percentage points. Remarkably, the US economy demonstrated resilience in the face of this monetary tightening, remaining stable while the S&P 500 index saw a gain exceeding 20%.

he cryptocurrency market saw significant gains on Monday, with strong performances from Bitcoin, Ethereum, BNB, Solana, and Avalanche. As of 12:27 PM IST, Bitcoin was up 1.3% at $63,703, and Ethereum had risen 3% to $2,656.