Shares of Standard Capital Markets, a penny stock trading below Re 1, hit the 5 percent upper circuit at ₹0.90 after the company announced a fundraise of ₹27 crore.

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Stocks resumed their push to record highs, regaining ground lost amid a choppy start to the year. The Morningstar US Market Index rose 1.7% in the past week and is up roughly 27% over the past year.