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Stocks in news: TCS, Groww, Shriram Finance, Dixon Tech, Anand Rathi Wealth
Indian markets saw a rebound on Thursday, recovering from Wednesday's sharp sell-off. TCS reported a 5% year-on-year profit growth, and Groww affirmed its direct mutual fund strategy. Shriram Finance is raising funds to reduce borrowing costs after a rating upgrade. Maruti Suzuki plans to add service points, and Dixon Tech will expand smartphone manufacturing. Premier Energies commissioned a solar module facility, and Anand Rathi Wealth saw profit rise.
Sensex, Nifty advance sharply; auto shares extend gains for 2nd day
At 14:28 IST, the barometer index, the S&P BSE Sensex, jumped 563.90 points or 0.72% to 77,042.57. The Nifty 50 index surged 168.70 points or 0.71% to 24,034.45.
Sensex, Nifty trade with significant gains; auto shares advance
At 10:30 ST, the barometer index, the S&P BSE Sensex, jumped 541.89 points or 0.71% to 77,536.18. The Nifty 50 index rose 153.70 points or 0.64% to 24,175.7.
Stock Market LIVE: Sensex gains 400 pts; Nifty tops 24,150; auto, realty stocks advance
Sensex Today | Stock Market LIVE Updates Thursday: In the broader markets, the Nifty MidCap and the SmallCap were trading 0.56 per cent and 0.36 per cent higher, respectively

Trust MF CIO sees revival in corporate cycle, stays bullish on mid and smallcaps
Mihir Vora, Chief Investment Officer at Trust Mutual Fund, remains bullish on renewable energy, with a preference for solar, and is betting on transmission and distribution companies as well as commercial clean energy suppliers catering to sectors such as data centres.

IKIGAI's Pankaj Tibrewal says opportunities now lie beyond the Nifty
IKIGAI Asset Manager's Pankaj Tibrewal sees a weaker rupee boosting India's export competitiveness, creating opportunities across auto parts, engineering, chemicals, textiles and electronics manufacturing.
Sensex, Nifty surge over 1%; European mrkt advance
Barring pharma, all the sectoral indices on the NSE were traded in green, led by gains in realty, auto and metal shares.
Sensex jumps 1,458 pts; auto stocks advance
At 14:30 IST, the barometer index, the S&P BSE Sensex, jumped 1,457.67 points or 1.97% to 75,296.40. The Nifty 50 index rose 391.60 points or 1.70% to 23,555.60.
Smart money move: Why Groww MF's equity chief is betting on multicap strategies
Anupam Tiwari of Groww Mutual Fund warns of a potential oil shock. He believes a multicap strategy combined with bottom-up investing is suitable for current market conditions. Valuations in mid and small caps have improved, making active stock picking more viable. Tiwari highlights opportunities in financials, industrials, autos, and specialty chemicals.

ACME Solar Shares Jump After Raising Rs 2800 crore through QIP; Seen 65% Surge In Six Months
Key investors who have participated in the QIP included Nippon India Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mutual Fund, and SBI Life Insurance, among others.
Barometers trade near flatline; auto shares advance
At 11:30 IST, the barometer index, the S&P BSE Sensex, rose 63.78 points or 0.09% to 74,404.26. The Nifty 50 index rose 8.10 points or 0.04% to 23,414.25.
Monetise idle household gold, ease compliance burden to build Viksit Bharat: Kotak MF's Nilesh Shah
Nilesh Shah of Kotak Mutual Fund suggests India must unlock its vast household gold reserves. He also calls for easing business regulations. These steps are crucial for India's development. He highlighted significant gold imports and the potential of gold financing. Entrepreneurs are driving innovation despite challenges. Support for businesses is vital for global competition.