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Smallcap stocks rallied this week, with some hitting 52-week highs. Easing food inflation and rising US spending expectations boosted sectors like FMCG and IT. Centum Electronics led the gainers with a 36.8% surge, followed by Sunflag Iron and Steel at 27%.
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Investors should watch for key dates for corporate actions. PC Jeweller and Shish Industries have stock splits. Linc Ltd has a stock split and bonus share issuance. Sky Gold and Rajeshwari Cans announced bonus shares. Multiple companies declared dividends, including Styrenix, Bambino, Sacheta, and Steel City. Ensure your shares are in your demat account by the record date to benefit.
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Indian equity markets experienced volatility, ending with modest gains driven by easing inflation and IT sector optimism. Expert analysis suggests a consolidation phase, with potential for further upside but also resistance at higher levels. FIIs show recent selling, while specific sectors like IT and FMCG offer potential opportunities.
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