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The market experienced a downturn driven by a sell-on-rally trend, with realty stocks significantly impacted. Analyst Sudeep Shah from SBI Securities shared insights, highlighting concerns due to sustained bearish pressure on the Nifty index and significant FII selling. Despite this, the IT sector shows promise, and large-caps offer some stability amidst market volatility.

The markets remained in a very defined trading range and stayed decisively below key levels. The trading range widened a bit; the Nifty oscillated in 449.45 points before closing towards its lower end of the range. The volatility increased; the India VIX inched higher by 6.33% to 16.75 and stayed at elevated levels.

Rupak De, Senior Technical Analyst at LKP Securities, anticipates Nifty may end January with a loss, marking a fourth consecutive month of correction, a rare event in 23 years. With major events like the budget ahead, non-directional strategies are recommended. He suggests buying Britannia, Macrotech, and InfoEdge in the budget week.

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ETMarkets highlighted seven stocks with a market cap of over Rs 1,000 crore that showed consistent price increases during this period.

Shares of companies like Wipro, Coforge, and Persistent Systems are set to gain attention due to upcoming corporate actions such as dividends, bonus shares, and stock splits. These actions have record dates this week, including interim dividends announced by Tanla Platforms, KEI Industries, and Bharat Petroleum among others, affecting investor eligibility and engagement.

Here are 10 such stocks where mutual funds increased their holdings in the December quarter of FY25

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The middle-order segment of large-cap stocks is often underrepresented in major indices, similar to unsung middle-order cricketers. BSE Sensex Next 30 Index provides a diversified opportunity to tap into these potential growth leaders, with historical outperformance but also higher risk.

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On February 1st, the Finance Minister will unveil the national Budget detailing finance strategies. This year, anticipated personal income tax reforms could alleviate tax burdens and encourage compliance. Additionally, significant divestments in public sector enterprises might counterbalance revenue shortfalls and stimulate market optimism.

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Dorf-Ketal Chemicals India Limited files its Draft Red Herring Prospectus with SEBI, aiming to raise up to Rs 5,000 crore through an IPO. The specialty chemicals manufacturer operates 16 facilities globally and boasts a strong financial performance with revenue and EBITDA growth over recent years.

Focused on operational excellence and North India expansion, it aims to sustain strong revenue and EBITDA margins.

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