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Brigade Enterprises targets revenue of over Rs 6000 crore over the next 5 years from its Chennai residential business, alone. Further, as a part of its consolidation plans in Chennai, the group is expanding its presence in the residential, commercial and retail verticals.

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The Nifty Realty index was trading 1.02 per cent down at 382.55.

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A total of 2,517 shares changed hands on the counter till 11:42AM (IST)

Buy HDFC Bank, target price Rs 1650: ICICI Direct

Updated at : 2022-06-28 12:35:03

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HDFC Bank Ltd., incorporated in the year 1994, is a banking company (having a market cap of Rs 745431.62 Crore).

Au Small Fin Bank shares rise 0.02% as Nifty drops

Updated at : 2022-06-28 12:35:03

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The stock quoted a 52-week high price of Rs 732.9 and a 52-week low of Rs 467.5.

A famous Warren Buffett quote comes to mind - "Be fearful when others are greedy and be greedy when others are fearful." Several stories are projecting a scenario of gloom and doom, ranging from recession in the US, commodity price shocks of crude oil moving up, the global rise of interest rates, quantitative tightening etc. If you have a minimum one-year investment horizon for the equity asset class, this is the time to buy the fear."

“If there were not any kind of concerns on the liquidity being tightened, then it is probably a good entry point and when we got down to 15,000, we became a lot more constructive. That is the range I would be more comfortable with but at the moment it is a tradable rally but I do not think central banks are going to stop increasing rates at the moment.”

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All crypto tokens were trading with cuts on Tuesday. Dogecoin plunged 7 per cent, whereas Solana and XRP dropped 6 per cent each. Shiba Inu and Polkadot declined 5 per cent each, whereas Cardano tanked 4 per cent.

“We think the IT recovery will start by December or January this year in terms of the numbers. We might want to pick them up in advance around now. We think the IT index is a good place to be as well. Meanwhile, we have picked up two-wheeler direct automakers and some auto ancillaries. We have also bought some in the oil and gas space.”

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PI Industries Ltd., incorporated in the year 1946, is a Large Cap company (having a market cap of Rs 39611.32 Crore) operating in Pesticides/Agro Chemicals sector.

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