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Equity AUM (including ELSS and index funds) of domestic MFs rose by 3.7% MoM to Rs 13.3 lakh crore in September 21, led by a rise in market indices.
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Markets are in fine fetter and will move higher on the back of anticipated strong earnings
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Brokerages are of the opinion that shares of Avenue Supermarts are pricing in aggressive revenue growth with no margin dilution.
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HDFC Bank's improved growth momentum could aid rerating for the stock, Jefferies said in a note.
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In opening trades Sensex scaled to a new peak of 61,817 higher by 512 points or % 0.83%. Likewise, the Nifty was quoting at 18,454 adding 115 points.
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Here is the list of top stocks that could be in focus on October 18.
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US stocks rose on Friday as Goldman Sachs rounded out a week of strong quarterly earnings for the big banks.
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Ajit Mishra of Religare Broking is positive on Axis Bank with a target price of Rs 840
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The BSE benchmark Sensex gained 1,246.89 points, or 2.07%, last week. On Thursday, the threshold surpassed 61,000 for the first time in history.
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Vivek Mashrani, Founder of TechnoFunda Investments shares key tips for first time investors to follow to sail through all kinds of volatility