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Avinnash Gorakshakar of Profitmart Securities shares the outlook for markets going forward and the strategies investors should adopt
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Investors are advised to seek out fundamentally resilient stocks and resist the urge to invest in fancy fast-moving stocks
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These companies in the list include SBI Cards & Payment Services, Tanla Platforms, Lux Industries, Jindal Stainless (Hisar) and Bharat Rasayan
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The public offer received bids of 13,13,77,99,700 shares against the offered 11,25,69,719 equity shares.
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Pantomath Capital Advisors Private Limited is the appointed lead manager to the offer.
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Its revenue from operations increased 52% to Rs 156.95 crore during the quarter under review
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Sebi said the asset management companies (AMCs) will have to invest in their own schemes based on its risk level
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Sebi has also decided to streamline the disclosure requirement of group companies
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Sensex tumbled 215.12 points or 0.39% to close at 54,277.72, while the broader NSE Nifty dropped 56.40 points or 0.35% to 16,238.20
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Market breadth remained positive as 1,824 shares advanced compared to 1,390 declined while 115 remained unchanged.