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According to Chakri Lokapriya, CIO & MD of TCG AMC, IndusInd Bank is a favorable choice due to its fewer issues and efforts to improve its margin profile. The stock may see further improvement if credit costs decrease and if the bank is nearing the peak of the interest rate cycle. Regarding JSW Energy, Lokapriya believes it is a good investment due to its restructuring, debt reduction plans, and potential for adding more megawatts. However, in the paints segment, competition and declining margins make him cautious, and he recommends staying away from Berger Paints and other companies in the industry.

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Bandhan Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2022.

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From the Sensex stocks, L&T, Axis Bank, M&M, IndusInd Bank, TCS, and Infosys opened in the red, while Bajaj Finance, Bajaj Finserv, Maruti and Kotak Bank opened with gains.

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JSW Infrastructure, the largest IPO of the month, opened for public subscription on September 25 and will close on September 27. The company raised Rs 1,260 crore from anchor investors on Friday. The IPO is a fresh equity issue of Rs 2,800 crore, with a price band of Rs 113-119 per share. The funds raised will be used for debt repayment, capital expenditure, and other corporate purposes. JM Financial, Axis Capital, and Credit Suisse Securities are the bankers on the issue.

Union Minister Ashwini Vaishnaw, says India will receive two more significant proposals in the semiconductor industry within the next four to six months. He states that these proposals will establish India as a leader in niche and specialized segments of the semiconductor industry. Vaishnaw also highlights the progress and execution of the project by Prime Minister Narendra Modi, which has gained the confidence of the global industry and positioned India as a trusted global value chain partner.

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Antique initiated coverage on IRCON International with a buy rating and a target price of Rs 176. Railway dominated order book which gives revenue visibility.

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Foreign investors currently hold less than 2% of government securities. Officials have in the past worried about the consequences of outsized debt inflows, leaving local banks and mutual funds as the main buyers of bonds.

Short-to-medium-term traders can look to buy the stock on dips for a possible target above 270 levels in the next 2-3 quarters, suggest experts.

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