Indian equity markets closed the holiday-shortened week on a cautious note, as mild profit booking set in near record highs amid thin year-end trading volumes and continued FII outflows. Despite the marginal decline, the overall market structure stayed broadly constructive, supported by strong domestic institutional flows, stable macroeconomic indicators, and firm earnings outlook.Within this backdrop of elevated-level consolidation, several smallcap stocks delivered sharp gains, bucking the broader market's subdued tone. Here's a look at the top 10 BSE smallcap stocks that recorded the highest weekly surge, with gains ranging up to 34%.
Equity mutual funds delivered returns of up to 4% last week. Of the 595 funds, 105 posted positive returns, four failed to generate returns, while 486 delivered negative returns. Here are the top 10 performers (Source: ACE MF).
Quick commerce platform Zepto has filed confidential draft papers with SEBI for a $1.3 billion IPO, aiming to raise Rs 11,000 crore in fresh capital. The company, valued at $7 billion, is set to be the youngest venture capital-backed firm to go public, with a potential listing in July-September 2026.
Only one passive fund will open for subscription this week. Mutual funds continue to launch new funds to complete their bouquet of offerings. Here is a detailed breakup (Source: ACE MF).
Indian markets are poised for a volatile week ahead, influenced by the December F&O expiry and crucial domestic data releases. Foreign institutional investors continue their selling spree, while global cues and currency movements also demand attention. Experts advise a cautious, stock-specific approach with disciplined risk management as the year concludes.
A new political party, the Bangladesh Minority Janta Party (BMJP), is aiming to unite Hindu and other minority votes in Bangladesh for the upcoming elections. The BMJP plans to contest 91 seats, seeking to secure victories in around 40-45 constituencies, and is exploring alliances to ensure minority safety during voting.
Several listed companies have announced corporate actions next week, including face value consolidation, stock splits and bonus issues, which may boost liquidity, affordability and retail interest without altering underlying business fundamentals.
