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Market move▲ Bullish for Cupid
Cupid shares end 10% higher ahead of Nifty Smallcap 250 inclusion tomorrow. How much inflows can it see?
The brief
- Cupid shares rose 10% to Rs 291 ahead of Nifty Smallcap 250 inclusion
- The inclusion is effective September 30; the stock has surged 250% in six months
- Index inclusion may bring flows to Cupid shares, while the stock’s sharp rally raises volatility risk