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The markets are buzzing with energy today as Sensex and Nifty move in the green , with top stocks flashing strong gains. But the bigger question on every trader’s mind is — is this momentum here to stay or just a short-lived bounce? From banking and IT stocks leading the charge to global cues shaping the mood , investors are watching every tick closely. With volatility in play, experts suggest this could be the start of a bigger breakout — or a classic bull trap. Stay tuned for Stock market live updates throughout the day, as every move could change the game.

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Akums Drugs IPO: Company submits documents for IPO in SEBI

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Akums Drugs IPO Updates: Those who sold shares in the OFS are Sanjeev Jain, Sandeep Jain, and Ruby QC Investment Holdings Pvt Ltd. Akums Drugs & Pharmaceuticals Limited has filed draft documents with capital markets regulator SEBI to raise funds through an initial public offering (IPO). According to documents filed with the Securities and Exchange Board of India (SEBI) on Saturday, the initial share sale includes a fresh issue of equity shares worth Rs 680 crore, besides an offer for sale (OFS) of 1.86 crore shares by the promoters and an existing investor. Those who sold shares in the OFS are Sanjeev Jain, Sandeep Jain, and Ruby QC Investment Holdings Pvt Ltd. The company is planning to raise Rs 136 crore through pre-IPO.