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“Over the last two-three months, I am much more bullish on the markets than what I was two-three months back. One of the reasons is that inflation is almost peaking out. In my view, unless and until we see something going very wrong again, the negative news is all priced in.”

Tech Mahindra Q1 Results: Managing Director & Chief Executive Officer CP Gurnani said, "We are starting this fiscal with a renewed commitment towards delivering consistent organic growth. We remain resilient and watchful given the dynamic global macro-economic environment and will continue to invest in new and emerging technologies to deliver differentiated offerings."

“India has a massive deficit in infrastructure spending and that is going to last for many years. L&T is a beneficiary and it also has its Middle Eastern businesses and some exposure to hydrocarbons as well as defence. We continue to like L&T. The stock is a good way of playing the recovery in infrastructure spend within India as well as in the Middle East to a small extent.”

Online Trading: All you need to know

Updated at : 2022-07-25 17:30:03

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According to the latest shareholding data, Dolly Khanna held 12,27,986 equity shares or a 1.16 per cent stake in the small finance bank as of June 30, 2022. Her stake in the lender is worth Rs 9.8 crore.Her name was missing from the list of top shareholders in the March quarter. All listed entities are obliged to reveal shareholder names only if the stake is at least one per cent.

Buy Infosys, target price Rs 1720: JM Financial

Updated at : 2022-07-25 16:20:03

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Infosys Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 628870.99 Crore) operating in IT Software sector

The majority of the brokerage firms have maintained a buy rating on the private lender, with target prices hinting at an upside potential of 30 per cent from its previous close of Rs 800. On Saturday, ICICI Bank reported a 50 per cent year-on-year (YoY) rise in profit after tax (PAT) at Rs 6,905 crore compared with Rs 4,616 crore in the same quarter last year.

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“There has already been a valuation reset in Zomato. I do not see the multiples converging in a very big way from here on unless something drastically negative happens. I think there are several things that we could monitor now. One of them is whether unit economics turns negative from here on. ”

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Silver fell sharply by Rs 1,331 to Rs 54,351 per kg from Rs 55,682 per kg in the previous trade.In the international market, both gold and silver were trading flat at USD 1,726.80 per ounce and USD 18.62 per ounce, respectively.

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Asset growth was lower-than-expected, and trading losses were higher than expectations, it said. That said, NIM was better than expected, as the bank chose not to grow its balance sheet and funded growth by liquidating investments.

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