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According to Trendlyne, Suzlon Energy, Lupin, Cummins, HPCL, and Ashok Leyland trade below industry PE averages. Despite spanning sectors, these BSE midcaps could gain up to 50%.

Quality Power Electrical plans to raise Rs 858.70 crore through its IPO, comprising a Rs 225 crore fresh issue and an OFS of 1.49 crore shares. The net proceeds will be used for acquiring Mehru Electrical and Mechanical Engineers, funding capital expenditures for plant and machinery, supporting inorganic growth through acquisitions, and other strategic initiatives.

Gold prices have increased by 11%, prompting Tanishq, Kalyan Jewellers, and Malabar Gold & Diamonds to offer installment plans. Tanishq has a Golden Harvest account with discounts, Kalyan provides rewards through Dhanvarsha , and Malabar offers jewellery without value addition charges. Rising gold prices may impact jewellery demand, buyers opt for lightweight options.

James Howells has spent a decade trying to recover a hard drive containing 8,000 bitcoins worth $780 million, lost in 2013 and buried in a Welsh landfill. Newport City Council has denied his excavation requests due to environmental concerns. Howells plans to appeal the High Court’s recent dismissal of his case.

In China, it is the other way around. 80-90% is controlled by retail investors. So, it is kind of like you have 90 million hedge funds in China. So, if the market goes up, everybody puts money in, it is a psychological win.

Aashish Somaiyaa, CEO of WhiteOak Capital AMC, emphasizes the importance of rebalancing portfolios due to market shifts. He highlights the recent underperformance of cyclical sectors and the rebound of financials, IT, and healthcare. Somaiyaa advises investors to adjust their allocations towards large-cap stocks and new opportunities aligning with current market trends to optimize returns.

Zen Technologies share price: For Q3 FY25, the company reported a net profit of Rs 38.62 crore, a 22% year-on-year increase from Rs 31.67 crore, mainly driven by higher other income.

Bitcoin s market cap fell to $1.903 trillion, with its dominance now at 59.93%. During the same period, BTC volume surged 59% to $27.29 billion. Stablecoins made up $86.43 billion of this volume, or 91.66%, according to CoinMarketCap.

​I do not think the entire universe has corrected enough. There is a lot of froth still remaining in terms of valuations.But if you are a good stock picker, that is the market going forward. The percentage of companies beating the BSE 500 or equal weighted BSE 500 index beating the normal BSE 500, the weighted average index, used to be way higher, above 50% and that cannot continue for long.