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Kacholia bought 2,53,004 shares of Barbeque Nation in a bulk deal transaction on Thursday, data published by NSE showed.

As of 31-Mar-2022, promoters held 66.33 per cent stake in the company, while FIIs held 16.62 per cent and domestic institutional investors had 2.0 per cent.

Balkrishna Industries Ltd., incorporated in the year 1961, is a Large Cap company (having a market cap of Rs 40879.82 Crore) operating in Tyres sector.

“Longer term it is much more efficient both from a taxation point of view and from an industry point of view to have ATF under GST because then you get an output tax credit as well and things are much more streamlined. It becomes beneficial both to the government as well as airline companies to have a much more streamlined tax system in place.”

At the interbank forex market, the rupee opened slightly higher at 76.28 against the greenback and moved in a range of 76.36 to 76.09.

As long as FFR remains below the US 2-year yield the liquidity situation is not falling to extremely low levels. Hence, markets could see some range-bound consolidation and with ongoing results season may have some results-related impact in the near term.

“From a medium-term perspective, these elevated commodity prices will lead to demand destruction and that will bring down the commodity prices lower. It may be higher than the last five years average but such high commodity prices may not be sustainable over longer periods of time. But in the short term, the odds may remain elevated.”

“My advice for people who are going to buy individual stocks is they look at that as well as the numbers of course but very critical is the ESG plus C (Culture), not because everybody says you got to be good to the environment and everything, but in order to reduce risk this is the best way.”

“It is hard to argue that authoritarian decisions taken by a small coterie are necessarily beneficial for the country and our past suggests they are not. Democracy is good, is it always good? No. It does slow things down but that is the price you pay for making better decisions.”

Speaking at Times Network India Economic Conclave, Sharma of First Global said at one level the market is showing bearishness due to the HDFC Bank merger and inflation, but on the other hand, there is a stealth bull market in the smallcaps.