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Emkay said that ongoing lockdowns could impact the company in the ongoing financial year but overall performance offers comfort on growth and valuation at 35 times FY23 estimated earnings per share is relatively attractive.
Sebi in process of stipulating disclosures specific to ESG scheme: Ajay TyagiSpeaking at the inauguration of an ESG Centre for Research and Innovation at IIM Ahmedabad, Tyagi stressed on the need of in depth research on ESG norms with focus towards developing high quality, objective, content-specific … Read MoreFaster Fed taper, earlier rate hikes in sight despite slower job gainsU.S. employers added 210,000 jobs last month, a U.S. Labor Department report showed Friday, less than half of what economists had expected. But average hourly earnings over the past 12 months rose 4.8 per cent, and the unempl… Read MoreAhead of Market: 12 things that will decide stock action on TuesdayShrikant Chouhan, Head of Equity Research (Retail), Kotak Securities said for day traders, the texture is volatile and weak and 17,000 could act as a trend decider level. Below the same, the correction wave will continue up t… Read MoreNSE-BSE bulk deals: Axis Bank sells stake in MT EducareIn another transaction, Eriska Investment Fund bought 3.8 million shares of Karda Construction at Rs. 16.5 per share through a bulk deal on the NSE.
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… Read MoreTrade Setup: Defending 16,900 level crucial for Nifty50Tuesday is likely to see Nifty50 trying to find a base if there is no overnight weakness to inherit. The levels of 17000 and 17085 will act as immediate resistance points. The supports come in at 16850 and 16790.
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