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Current market levels imply a 5% discount is already priced into U.S. stocks, while European stocks carry an 8% geo-political discount, Goldman wrote.

The company will be the second pharmacy chain going for an IPO after Hyderabad-based MedPlus.

“With a view to elongating the maturity profile of its forward book and smoothen the receivables relating to forward assets, it has been decided to undertake a sell/buy swap auction,” the RBI said on Monday.

“These are the four big tech IPOs that came and which are down between 30% and 50-60%. Probably this week I will pull the trigger. Again, we are waiting for the result of the UP elections. People are saying that if BJP wins UP, Nifty will go to 18,000 and if the BJP loses, it will go to 16,000. ”

This is the 29th consecutive year that NTPC has paid dividend.

Analysts said the index may continue to consolidate in coming days and that the bias stays negative.

LIC bought a 51 per cent stake in IDBI in January 2019, by purchasing 82.75 crore shares from the government.

Tuesday is likely to see the levels of 17,280 and 17,335 acting as immediate resistance points; the supports come in at 17,120 and 17,030 levels.

Real estate stocks bleed including Indiabulls Real Estate, Puravankara and Soril Infra. R Systems dropped despite decent Q3 numbers. Among the gainers, hotel stocks continued to find buyers.

“Only for people who are managing global portfolios it makes sense to be underweight EM. If one is managing an EM portfolio, then one cannot afford not to be invested. I am not recommending that people should be in cash all the time. One has to keep looking for the best stocks that one wants to invest in and then do dollar cost averaging. ”