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“I believe the biggest opportunity lies in the smallcaps. Right now, it is a very interesting time to look out for high quality franchise in the smallcap and midcap space, which possibly have more inclination towards domestic businesses which are available at attractive valuations. There could be good alpha generating opportunities for the investors.

“Once somebody has made an open offer, it has to get allowed to be completed. There is no stay order from Delhi High Court, there is nothing which prevents the open offer to go ahead. Why should the minority shareholders, rather the retail shareholders be allowed to suffer like this? Not allowing the open offer to proceed is completely against the interest of the retail shareholders.”

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"We may see gold rallying albeit for a short term,' said NS Ramaswamy, Head of Commodities, Ventura Securities. It will be followed by profit-booking as the expected rate hike of 50 bps in December is already factored in the recent rally," he added.

“Brent crude inflection point is at $96-and close to around $89-90 for WTI. They both have given up significant gains with Brent at $90 and WTI at $82. The US dollar has come under some serious firepower on the downside. The crypto market has also been down and it has been a time of consolidation for some of those commodities.”

“As a result of high inflation on ground, consumer demand has been constrained. So what many of these companies are doing is that the advantage they are getting out of lower raw material input prices, they are spending on advertisements and promotions rather than in trying to improve their margins at this stage. That is where the earning cuts have come in.”

“As a result of high inflation on ground, consumer demand has been constrained. So what many of these companies are doing is that the advantage they are getting out of lower raw material input prices, they are spending on advertisements and promotions rather than in trying to improve their margins at this stage. That is where the earning cuts have come in.”

Disclosures made under SEBI SAST (Substantial Acquisition of Shares and Takeovers) Regulations show that Tiger Global Eight Holdings and Internet Fund III sold 182.8 crore shares on November 11.

Disclosures made under SEBI SAST (Substantial Acquisition of Shares and Takeovers) Regulations show that Tiger Global Eight Holdings and Internet Fund III sold 182.8 crore shares on November 11.

Giving the ongoing rally more firepower today is a government notification issued on Thursday that increased the maximum tenure of CEO and MD of public sector banks to 10 years from 5 years earlier. The move will help PSU lenders retain talent.