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  IMF Forecasts 7.4% Growth for India in FY19  
  On the eve of PM Narendra Modi’s keynote address at the World Economic Forum (WEF) in Davos, the International Monetary Fund (IMF) said India’s growth will pick up in FY19. That will see the country regain the tag of fastest-growing major economy, backing the government’s revival theme. The IMF also said 2017 saw the best global growth in seven years.  
 
  HPCL Buy Likely to Boost ONGC¿s EPS by 4-9%  
  Over the past six months, the stock of Oil and Natural Gas Corporation (ONGC) has not been fully able to reflect the rising trend in international crude oil prices due to uncertainty over valuation regarding its acquisition of the government’s stake in Hindustan Petroleum Corp (HPCL). The temporary distortion in the correlation between ONGC’s stock price and crude prices is now expected to rectify in the near term.  
 
  Rally could Extend to 11,200 Before Pause: F&O Analysts  
  The 8% blowout rally of the Nifty from December 1 to Monday’s 10,966 could extend by another 200-odd points (2%) before or after the Budget, until any reversal gets under way, derivatives and technical analysts believe. “With 11,000 in kissing distance, the question most market constituents are asking is ‘what next’,” said Rajesh Palviya, derivatives & technical head, Axis Securities.  
 
  Vakrangee M-cap at Rs.50k cr from Rs.50cr in 2009  
  Vakrangee Ltd, an e-governance service provider, crossed Rs.50,000 crore in market value on Monday. Once shunned by many in the market for being on the regulator’s radar following allegations of share price manipulation, the company has been a top gainer on the bourses in the last ten years. The company’s market cap has spiralled almost 100,000% from Rs.50 crore in March 2009. Today, its market value of more than that of L&T Infotech, Info Edge and Mphasis put together.  
 
  Jubilant may Continue its Fireworks on Street  
  Is there steam still left in the Jubilant FoodWorks rally Chartists think so despite a 9.5% surge on Monday that took it to a record high of Rs.2,295.95. The operator of Domino’s Pizza and Dunkin Donuts Shares of Jubilant FoodWorks surged as much as 9.5% on Monday to hit a record high Rs.2,295.95 after it reported more than threefold increase in its net profit at Rs.66 crore for the quarter ending December 31.  
 
  Big Players Provide Stability, Returns  
  Markets are touching new peaks almost every day. There is euphoria in the market, but a sharp fall can upset the ongoing party. To deal with such uncertainties, it makes sense to be with schemes with focus on large-sized companies because the possibility of a massive fall in large-sized companies is not as big as in mid- and small-sized companies.