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​Nifty has reached closer to its record high after three months of gradual recovery and is currently hovering in a range. We are now at a critical juncture and eyeing 18,600 as a make-or-break level.

Adani Group is targeting a 20% year-on-year growth in pre-tax profits to reach Rs90,000 crore EBITDA in two to three years. The firm has repaid loans of $2.65bn to reduce overall leverage and win back investor trust following a damning report from a US short seller. Adani aims to achieve more than 20% EBITDA increase through sustainable growth and expansion in sectors including airports, cement, renewables, solar panels, transportation and logistics, and power and transmission. Its listed portfolio EBITDA increased 36% year-on-year to Rs57,219 crore in fiscal year 2023 while its Asset Value of gross assets stands at Rs3,91,000 crore.

I believe in knowledge that comes from dedication to be a successful trader. Many people or we can say influencers, are influencing people by showing them screen recordings of their profit on YouTube and their lifestyle too. But as an instructor, I do not want to influence people to make impulsive decisions based on my P&L and my lifestyle, says Arun Singh Tanwar, a full-time trader with an 8-figure portfolio

Stocks in focus included names like Indigo or InterGlobe Aviation, that pared gains after hitting a fresh 52-week high, PolicyBazzar, which also hit a fresh 52-week high of Rs 690 and Adani Enterprises, which fell more than 6% and was the top Nifty loser on Friday.

PKH Ventures has launched its IPO, consisting of a fresh issue of up to 1.82 crore shares and an offer for sale of up to 73.7 lakh equity shares by selling shareholders. Its civil construction business, executed by Garuda Construction, does third-party developer projects, two government projects and three government hotel development projects, while its hospitality interests include owning hotels, spas and restaurants. The proceeds of the IPO will be used for investment in construction subsidiaries and general corporate purposes. The company had revenue of INR125 crore and a profit after tax of INR28.6 crore for the period ending December 2022.

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Suzlon Energy has been identified among the top four trading ideas of the week ahead by Vaishali Parekh of Prabhudas Lilladher. Parekh set the target at Rs17 ($0.23), with a stop loss of Rs13. The stock has witnessed a recent increase in bias and sentiment with movement towards a positive reversal, Parekh wrote. Other stock tips included Railtel with a target of Rs140 and BSE, with a target of Rs685.

To simplify the highly complex world of derivatives trading for newcomers, especially the ones who have entered the market in the post-covid world, ETMarkets Live Stream is organising a three-day online workshop with four top derivative traders of Dalal Street.

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here is an increased demand for sustainable and ethically sourced products/services. Consumers are progressively making investment decisions based on ESG concerns. Companies that are prioritizing sustainability, social impact, and ethical practices are more likely to attract customers as well as acquire a competitive edge, writes Marc Despallieres, Chief Strategy & Trading Officer at Vantage