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The boards of the two companies are meeting on Sunday, March 27, to approve the merger, said two people with direct knowledge of the development.

“Overall, there would be a steady demand for the capital goods companies going forward and specifically if you look at companies which are developing new age and alternate fuel technologies. Apart from L&T, Cummins and Siemens, Praj Industries, which is working on the ethanol space will also be in focus within the capital goods space.”

Vinod Nair, Head of Research at Geojit Financial Services said that after a strong rally last week, the market turned sideways with a negative bias as global cues haunted domestic investors forcing them to stay sidelined. "The domestic market will continue to follow global developments. An end to the war and rise in oil supply can help India to sustain its resilience or else high volatility will be a concern in the short-term," he added.

The index has formed a trading range between 17,000-17,500 levels and will not achieve any directional bias as long as it is below 17,500 or above 17,000. Breaching on either of these levels will result in a directional move.

In the upcoming week, market participants will closely track the domestic factors including F&O expiry for March series and auto sales numbers. On the other hand, global indicators including the ongoing war, FII outflows and crude oil prices will impact the markets. Here are the key factors that may steer market next week

Thus, prolonged supply-driven inflation can lead to a broad-based inflation. The central banks will need to pre-empt this cycle – with collateral damage. A decision to curtail inflation through monetary policy is likely to harm growth - which is why long-term interest rates sometimes fall when the central banks raise rates.

Damani, who is known for holding high conviction bets for long periods of times, said his son has now started influencing his thinking. The widely followed stock picker said the pride and joy is now doing it for the grandchildren or doing it for the other young kids who come to him.

The asset allocation strategy not only helps you achieve the return objective but also lowers the risk. Once the allocation shifts considerably - either in equity or debt, the expected rate of return differs as well as the risk by a considerable number.

It will also commence Regional Connectivity Scheme (RCS) route from Prayagraj-Lucknow on the same day.

Vodafone Idea (VIL) had placed special resolution of issue of equity shares worth Rs 4,500 crore to the group firms of promoters Vodafone and Aditya Birla Group for transaction at the EGM.