Gland Pharma up 40% in 2 days, but nobody can explain this sudden interest

Runjhun Jain, a pharma analyst from Nirmal Bang, said the surge could only be a short-term phenomenon. That said, it is a good company for the long term, though it was expensive even at the IPO price. …

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Mahindra & Mahindra hits 52-week high on strong business outlook

In the past one week, the stock has outperformed the market by gaining 14 per cent. …

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Half of NBFCs which qualify for bank licence are corporate-owned

The RBI’s internal working group in its report had said that well-run NBFCs, with an asset size of above Rs 50,000 crore, including those which are owned by a corporate house, may be considered for conversion into banks….

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Gold prices today slip to Rs 49,000 level as business outlook improves

In the spot market, gold in the national capital witnessed muted trading and was marginally up by Rs 57 to Rs 49,767 per 10 gram on Monday, according to HDFC Securities. Silver, however, declined by Rs 185 to Rs 61,351 per kilogram….

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Stocks to watch: IT, aviation stocks, Coal India, RIL, AU Small Fin Bank

Here’s a list of stocks that may remain in focus today. …

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SGX Nifty down 10 points; here’s what changed for market while you were sleeping

Nifty50 on Monday formed a ‘Hanging Man’ candle on the daily chart. In the last nine sessions, the index appears to be struggling at the upper boundary of the 45-day-old ascending channel, which coincides with the psychological mark at 13,000 level. Analysts said the index has strong support at 12,800 level and a move above 13,000 level could bring in further upside….

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Stock picks by Nilesh Jain of Anand Rathi: Buy Wipro, Godrej Properties

The stock of Wipro is also trading well above its short-term and long-term moving averages …

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Sensex, Nifty march higher on Covid-19 vaccine progress news; ONGC rises 6%

After touching a record intra-day high of 44,271.15, Sensex ended 194.90 points or 0.44 per cent higher at 44,077.15 …

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Hitachi Payments on expansion spree, to nearly double white label ATMs by March

​ Hitachi’s aggressive expansion is interesting as the white label ATM business has been in losses since the beginning primarily because of the lower inter-change charges which the banking industry and the regulator has not been able to revise to a profitable level for the operators, forcing many of them to withdraw from the business. …

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Exide Industries increases stake in JV with Leclanche to 80.15%

Exide Industries Ltd (EIL) has further invested an amount aggregating to Rs 33.17 crore by way of subscription to the equity share capital of its subsidiary, Exide Leclanche Energy Pvt Ltd, the company said in a regulatory filing….

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