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In 2025, sector-specific and thematic investments outperformed benchmark indices like Sensex and Nifty, which saw gains of 4.5% and 5.6% respectively. Several NSE indices, including Defence, Capital Markets, Auto, Bank, Metal, and India Consumption, surged between 7% and 19%. While most indices showed a mix of performers, the Nifty IT index lagged, contrasting with the Nifty Bank index's strong performance.
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Sebi may ease IPO rules for mega companies. This could help Reliance Jio's stock market debut. New rules could lower the required share float. Citi believes this reduces market supply concerns. Jio may only need a 2.5% float. Reliance's annual meeting is on August 29. Investors await Jio listing updates. The move aims to prevent market flooding and price drops.
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The Indian rupee surged to its highest level in August, surpassing 87 against the dollar, fueled by optimism surrounding indirect-tax reforms and a significant drop in crude oil prices. A sovereign ratings upgrade, the first since the global financial crisis, further bolstered the rupee, closing at 86.9550/$. Positive sentiment was driven by growth-oriented policies and renewed foreign fund buying.
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