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Paytm among 3 stocks that could return 23-45%

Updated at : 2022-11-30 08:20:03

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CLSA has upgraded its rating on Paytm to ‘buy’ from ‘sell’. “While our interactions with several investors over the past four months suggest some discomfort or uncertainty on scaling up the lending business, we think that the stock warrants a look now,” the brokerage said.

BNP Paribas Arbitrage offloaded over 18,00,164 lakh shares at an average price of Rs 405 apiece of IT major Wipro for Rs 72.9 crore through an open market transaction.

Prannoy and Radhika roy resign from NDTV Board

Updated at : 2022-11-30 08:20:03

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The filing said that Sudipta Bhattacharya, Sanjay Pugalia and Senthil Sinniah Chengalvarayan have been appointed as directors on the board of RRPRH, and Prannoy Roy and Radhika Roy have resigned.

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Uniparts India is a global manufacturer of engineered systems and solutions. It is one of the leading suppliers of systems and components for the off-highway market in agriculture and construction, forestry and mining and aftermarket sectors on account of its presence across over 25 countries.

Gold flat as traders brace for Powell's speech

Updated at : 2022-11-30 08:20:03

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U.S. consumer confidence slipped to a four-month low in November, with households less keen to spend on big-ticket items over the next six months amid high inflation and rising borrowing costs, heightening the risks of a recession next year.

"The Nifty recently touched 18,600 levels, and at this juncture, the index now trades at 20x 1-year forward earnings which is comfortably near its long-term average. Going ahead, we believe the overall market trend would continue to be positive given comfortable valuations, strong earnings growth potential, and robust domestic macros."

"The Nifty recently touched 18,600 levels, and at this juncture, the index now trades at 20x 1-year forward earnings which is comfortably near its long-term average. Going ahead, we believe the overall market trend would continue to be positive given comfortable valuations, strong earnings growth potential, and robust domestic macros."

On Monday, its Wall Street rival Morgan Stanley said the Sensex would continue to outperform in 2023 with an average 10 per cent rally taking the benchmark index to 68,500 points by December 2023 on a base case scenario and in a bull-run, crossing the 80,000 mark, marking the third successive years of bull-run

Britannia Industries, incorporated in the year 1918, is a Large Cap company (having a market cap of Rs 103220.50 Crore) operating in FMCG sector.

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Sun TV Network, incorporated in the year 1985, is a Mid Cap company (having a market cap of Rs 19286.50 Crore) operating in Media & Entertainment sector.

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