Top stocks to buy or sell: Stock recommendations by brokers for December 1 – check list

Representative image (AI-generated) Jefferies initiated its coverage on Lenskart with a buy rating and the target price at Rs 500. Analysts said that Lenskart, India’s largest tech-driven eyewear retailer, holds just about 5% market share, offering strong growth potential. Its vertically integrated omni-channel model ensures cost efficiency, rapid delivery, and superior customer experience, they said….

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FPIs withdraw Rs 3.8k crore in November

NEW DELHI: After a brief pause in Oct, foreign investors resumed selling, pulling out a net Rs 3,765 crore from Indian equities in Nov, driven by global risk-off sentiment, volatility in global tech stocks and selective preference for primary markets over secondary markets. This dip came right after a net inflow of Rs 14,610 crore…

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Sebi move makes MF gifts easier, cheaper

AHMEDABAD: A regulatory tweak by Sebi has opened the door to sizable tax savings for millions of mutual fund (MF) investors, simply by making it easier to gift their units. Tax experts say the reform, which now allows transfer of even statement of account (SOA)-based MF units and not just demat units, removes the biggest…

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Starlink cannot compete with telcos in cities: Musk

MUMBAI: Elon Musk said his satellite-based internet service Starlink is not meant for densely populated cities because the physics of satellite communication makes it unsuitable for that purpose, adding that it is designed to deliver connectivity to rural users and restore access after natural disasters rather than compete with urban broadband.Musk made the observation on…

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‘Economy not heating, room for rate cut’

MUMBAI: The second-quarter GDP growth, at a six-quarter high of 8.2%, has shifted expectations ahead of the RBI’s Dec 5 monetary policy committee meeting. Ordinarily, such a sharp upside surprise would suggest overheating and trigger caution from the central bank. Economists say the picture is more nuanced, and rate-cut expectations remain in play. The rise…

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