India

Narrow market breadth a concern, says Sameer Dalal amid Nifty’s race to record highs

As the Nifty nears record highs, a market shift sees investors moving from mid- and small-cap stocks to safer large-cap names. This narrowing market breadth historically precedes corrections, with stretched valuations offering little cushion for many stocks. Despite near-term valuation hurdles, optimism remains for the food delivery segment’s long-term profitability. Source link

India

IMF likely to alter classification of India’s forex framework

The IMF is expected to revise how it classifies India’s exchange rate regime, two years after triggering tensions with the RBI by suggesting excessive currency intervention. According to people familiar with the matter, the new description may reference a “crawling peg,” a framework involving gradual currency adjustments to reflect inflation differentials. The shift would signal a recalibrated view of India’s de facto forex management. Source link

India

Groww shares jump over 3% but still down 22% from record high. What should investors do?

Billionbrains Garage Ventures, parent of Groww, saw its shares climb after a recent slide. Despite volatility, analysts remain optimistic about Groww’s long-term prospects due to its dominant digital platform and low customer acquisition costs, reflected in strong financial metrics. However, concerns over elevated valuations and potential SEBI regulatory tightening in the F&O segment linger. Source link

India

Sudeep Pharma IPO final day: GMP falls, issue gets strong subscription. Should you apply?

Sudeep Pharma’s Rs 895-crore IPO enters its final bidding day with strong overall demand, led by robust NII and retail participation. Despite a softening grey-market premium, subscription momentum remains healthy. Backed by diversified excipient capabilities, steady financial growth and anchor interest, the company is positioned favourably as it approaches allotment and listing. Source link

India

Positive Breakout: These 9 stocks cross above their 200 DMAs

In the Nifty500 pack, 9 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on November 24, 2025, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Take a look: Source link