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Latest Stock Market News

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“There are a lot of opportunities in the overall markets but one should be very cautious in terms of picking up stocks here onwards.”

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"If you think that the market is at a level where it is giving you sleepless nights, reduce your asset allocation. If you think that the market momentum is not likely to be changed, keep your asset allocation tilted towards equity; and if you are really bullish, go ahead and increase it."

Most prominent among them is Bharti Airtel. The telecom company’s stock had stood firm in the face of market weakness given investor confidence on earnings potential and valuations.

Buy ACC, target price Rs 2620: Emkay Global

Updated at : 2021-10-21 10:20:01

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ACC Ltd. key Products/Revenue Segments include Cement, Other Operating Revenue, Scrap, Other Services for the year ending 31-Dec-2020.

Buy Mastek, target price Rs 3300: HDFC Securities

Updated at : 2021-10-21 10:20:01

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Mastek Ltd., incorporated in the year 1982, is a Small Cap company (having a market cap of Rs 8425.87 Crore) operating in IT Software sector.

HPCL shares gain 3.48% as Sensex falls

Updated at : 2021-10-21 10:20:01

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A total of 134,568 shares changed hands on the counter till 10:05AM (IST)

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Canara Bank, incorporated in the year 1906, is a banking company (having a market cap of Rs 35429.96 Crore).

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The central bank of the Emirate is set to bless the investment, making Birla, chairman of the $46 billion Aditya Birla Group, fit and proper to invest in its banking system, a first Indian to do so.

Tatas to shift ready-to-eat biz to Tata Consumer

Updated at : 2021-10-21 08:20:01

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The closely held Tata Industries is set to transfer its ready-to-eat meal business (sold under Tata Q brand) to the publicly listed Tata Consumer Products, according to people familiar with the matter. The move comes as India’s biggest conglomerate reorganises its corporate structure.

I-banks rake in decade-high $611mn on IPO, M&A wave

Updated at : 2021-10-21 08:20:01

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Fees earned by big investment banks and boutique advisory firms in India rose to $611 million (over Rs 4,500 crore) in the first nine months of 2021, making it the highest in a decade. Equity issuances raked in $237 million (about Rs 1,770 crore) as IPO fund-raising activity spiked, followed by $196 million (Rs 1,465 crore) fetched by M&A and $177 million (over Rs 1,300 crore) by debt deals.

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