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The FY24 has been a turnaround year for smallcap stocks, witnessing a significant rally with many stocks turning multibaggers. However, concerns over valuations raised by Sebi may reasonable returns in FY25. While equity bulls partied hard in most of FY24, the Securities and Exchange Board India turned a party spoiler in the direction of the top. In the first quarter of 2024, Dubai’s population grew even more because of an inflow of international traders…

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