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This is Airtel’s second rights issue in just over two years.

A total of 1,113,242 shares changed hands on the counter till 10:36AM (IST)

JSW Steel Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 162944.83 Crore) operating in Metals - Ferrous sector.

“Fixed deposits, bonds are all no-no. Commodities look expensive. Equity is the only place where you can hide in mid cycles but do not have FOMO, do not have too many expectations from equities. It is now time to move away from small and midcaps. If you are a risk investor and a compulsive investor, hide yourself in the Nifty and largecap oriented mutual funds if at all.”

“Our portfolio is based on these four main themes along with exports which will include IT and pharma.”

“Wherever valuations are so high that they are tough to justify, we will see a bigger cut. Also, these stocks are over owned. Asian Paints even after the fall trades at 100 times current year earnings!”

The other assumption that the market may be making with regards to Avenue Supermarts is that the company will clock sales of Rs 70 lakh crore, operating profit of Rs 5.3 lakh crore and a net profit of Rs 4 lakh crore by 2050 to justify current valuations.

Kajaria Ceramics Ltd. key Products/Revenue Segments include Tiles, Other Operating Revenue and Power for the year ending 31-Mar-2021.

The Nifty IT index was trading 0.39 per cent up at 36054.15.

Gold inched higher and was poised for a second weekly gain on Friday, as a softer dollar provided some respite against higher U.S. bond yields and rising expectations that central banks could begin easing economic support. Spot gold rose 0.1% to $1,785.00 per ounce by 0216 GMT. U.S. gold futures edged 0.2% higher to $1,786.00.