Groww's stock has surged over 70% post-IPO, surpassing Rs 1 lakh crore valuation. While strong financials and user growth support the rally, current valuations appear rich compared to peers. Regulatory risks concerning F&O trading and the sustainability of high margins pose challenges for investors.

Groww now serves more than 10 million active users, enabling low-cost scalability. Analysts say this network effects-led growth remains the platforms biggest advantage as younger investors enter the markets.

Mahamaya Lifesciences debuts on BSE SME today with a flat grey market sentiment, indicating no listing premium over its issue price. The Rs 70.44 crore IPO saw modest subscription, with NIIs leading the interest. The company, a manufacturer of pesticide formulations and crop protection products, aims to utilize IPO proceeds for expansion and working capital.

10 stocks closing prices crossed above their 200 DMA (Daily Moving Averages) on November 17,

Oil prices saw a slight dip as Russia's Novorossiysk port resumed loadings after a brief halt due to a Ukrainian drone strike. While immediate supply concerns eased, traders are now closely watching the long-term impact of Western sanctions on Russian oil revenues and export volumes.

Gold prices are falling for the fourth consecutive day. A strong US dollar and lower chances of an interest rate cut next month are impacting the precious metal. Traders are now less confident about a rate reduction. This week, investors will watch US economic data for further clues on the economy's health.

The Japanese yen has fallen to its weakest point in over nine months against the US dollar. This decline comes as expectations for a US Federal Reserve interest rate cut next month are decreasing. Japanese officials have expressed concern over these rapid currency movements. The dollar index has also seen an increase, reversing a recent losing streak.

Indian markets mirrored global sentiment as US stocks plunged, with key indices breaching crucial technical levels. Investors are now keenly awaiting retail earnings from giants like Walmart and Target, alongside the highly anticipated US jobs report. Nvidia's upcoming results, a bellwether for the AI boom, also loom large as concerns about inflated valuations persist.