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Shares of the newly-listed International Gemmological Institute (IGI) surged 10% to hit the upper circuit and a new high of Rs 580.45 on the BSE, following the 100% acquisition of IGI Netherlands and International Gemmological Institute BV.
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Sanjay Bakshi emphasizes the importance of having a disciplined approach to investing by constructing filters to reject stocks that don't make sense. He highlights the behavioral challenges of investing and the necessity of focusing on business analysis over market analysis. He also notes the growth potential in India's expanding market, advising investors to concentrate on high-quality businesses.
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News and Media
In November, over 35 lakh new investors joined the stock markets, bringing the total to 10.85 crore, up from 10.5 crore in October, according to the NSE. Maharashtra leads with 1.8 crore investors, while Uttar Pradesh saw a significant rise to 1.2 crore. Increased participation from smaller states suggests growing interest nationwide.
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