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“The growth numbers that the RBI has put out are perhaps too conservative. I believe that the consensus growth forecast which is somewhat closer to the RBI’s forecast, is also very conservative. The growth momentum in the Indian economy is quite strong and those numbers can be beaten quite handsomely.”

In the portfolio of 22 stocks, ITC is the largest holding with 8.9 per cent. Other major investments include Bajaj Holdings & Investment, HDFC, ICICI Bank, Hero Moto, HCL Tech, Axis Bank and Power Grid Corporation of India.The latest entrant in the portfolio, Coal India, however, forms just 0.16 per cent of the portfolio.

Sebi on Thursday barred one person from the capital markets for six months and imposed a penalty of Rs 12 lakh on him for indulging in insider trading in the shares of IT solutions company NIIT Technologies.

Further, business-critical systems, internet-facing applications/systems, systems containing sensitive data, sensitive personal data, sensitive financial data, and personally identifiable information data, among others, should all be considered critical assets.

The buying has come on the heels of rising refining margins. The benchmark Singapore gross refining margin (GRM) has jumped to a record high of $25.2/barrel, which bodes well for Indian refiners, said analysts.Management of some companies have guided for a bumper year ahead.

The case relates to a backdated transaction in the shares of Global Telesystems Limited (now known as GTL Ltd) and Global E-Commerce Services Ltd, an unlisted company that merged with GTL in 2001.

After analyzing the takeaways from the post earning conferences, interactions with developers and Q4 numbers, brokerage firm Elara Capital expects healthy momentum likely to continue."Industry continues to witness a structural positive shift in housing demand, with fundamental demand drivers in place," it said.

The Dow Jones Industrial Average fell 82.28 points, or 0.25%, at the open to 32,828.62.

“The third category of SIPs is largely distributor, MFD, banks driven. These are generally of a tenure of five-year plus. 65% of the industry SIP book is of that category and there I do not see any challenge. People are not prematurely closing SIPs. They are running them. In fact in some cases, people are topping up their SIP instalments in these volatile times.”

The daily momentum indicator has been in bullish mode, whereas the hourly momentum indicator developed a positive divergence and started a new cycle on the upside. This suggests that the Nifty50 is set for a leap towards the junction of the swing high and the daily upper Bollinger Band, which is near 16,800,” said Ratnaparkhi.