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“This year will be more difficult to navigate. We are firmly in the camp that this is going to be a year of bottom-up stock picking. While at the headline level, market correction is at a certain level, we have also seen some stocks correct very sharply and therefore bottom-up, we are looking at certain opportunities.”

“We are not buying HDFC, HDFC Bank right now for a number of reasons. One of the main things is the liquidity issue with respect to the MSCI indexes. We believe that it has a severe pressure point on the stock because passive portfolios which track the MSCI indexes will probably have to exit more than Rs 10,000 crore worth of HDFC stock in a fairly short time.”

Aurobindo Pharma Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 37435.62 Crore) operating in Pharmaceuticals sector.

Bitcoin and Ethereum recovered back in the past 24 hours. Seems like the short-term Bitcoin buyers have returned around the support level, said Edul Patel, CEO and Co-founder of Mudrex.

“Mulye’s focus will be to accelerate ABCL’s group synergies (including) strong parentage, balanced & lower risk lending portfolio, broad-based offerings across customers’ lifecycle, synergy potential and multi-channel distribution ecosystem,” ICICI Securities analysts said in a note.

At 7.5-8% growth in the current year, India would still be the fastest-growing economy, he said, proposing a production linked (PLI) scheme for furniture and capital goods as well.

In February, the Burmans had given a mandate to JM Financial Services to buy an additional 5.26% stake in Eveready from the market when it was holding 19.8% in the company. It has also made an open offer for an additional 26% stake in Eveready. The Burmans have been acquiring shares of Eveready as personal investment since 2020 and have said they will run Dabur and Eveready as distinct separate entities.

The Singapore International Arbitration Centre (SIAC) is expected to resume hearing the Amazon-Future Group dispute in the first or second week of May.

FirstCry turned profitable in fiscal year 2021, as per recent regulatory filings, clocking a net profit of nearly Rs 216 crore compared with a loss of Rs 191 crore in the previous year. FirstCry reported operational revenue of Rs 1,603 crore in FY21, compared with Rs 814 crore the year before.

Google-owner Alphabet rallied 2.9% ahead of its quarterly report after the bell on Tuesday. Microsoft and Facebook owner Meta Platforms also gained.