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When valuations across the stock markets are high, one should look for sectors with macro tailwinds. Sectors and stocks with structural tailwinds do well in the long term, even if they come under pressure in the short term due to market conditions. And, remember, investing is about the long term. Healthcare is one such sector – and the numbers have clearly shown this in the last couple of years. There is one possible event risk which can hit the sector. But even if that were to happen, experience suggests it will be taken care of in the long term.

Even if you take the upper-quality NBFCs like Bajaj Finance and Chola and you do not really need to go down the risk curve and look at the growth rates. It is like 25-30% even after a slowdown in an economy where the nominal GDP growth rate is only 8.5%, so where is 8.5%, where is 25%.

Sensex and Nifty fell into the red on Friday, ending their seven-day winning streak, despite gains in some financial stocks.

The stock quoted a 52-week high of Rs 682.84 and a 52-week low of Rs 331.28.

A total of 31,939 shares changed hands on the counter till 02:09PM (IST).

​There was some kind of expectation, which was building up in the markets, from what I gather, that there could be a possibility of an announcement of a cut in the borrowing in H2, lower than 6.6 lakh crore and that was a reason for a rally going ahead.

The warrants will be fully convertible for one fully paid-up equity share of the company, a filing to the exchanges stated.

Sequent Scientific and Viyash Life Sciences have announced a merger that will result in the two companies forming a combination that will create a platform with leadership in animal pharmaceuticals, end-to-end integrated capabilities across the larger global pharmaceutical market with a strong operating and research and development backbone, according to a stock exchange filing.

Around 1 pm, the issue was subscribed 21.6 times by the retail category investors while the NIIs had subscribed the issue by 21 times. Meanwhile, the portion reserved for the qualified institutional buyers (QIBs) had attracted bids for 76,032 shares out of the 18.71 lakh shares, representing a subscription of 4%.

The Navratna CPSE today told exchanges that it has signed two Memorandums of Understandings (MoUs) with Maharashtra government for development of Pumped Storage Projects (PSPs) and Floating Solar Projects (FSPs) in the state.