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Manish Shah of NiftyTriggers is positive on RBL Bank with a target price of Rs 200-210
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RBL Bank informed that the Reserve Bank of India (RBI) has imposed, a monetary penalty of Rs 2 crore on the bank for non-compliance.
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Profits at China's industrial firms grew at a weaker pace in August from a year earlier.
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Companies in sectors including FMCG, auto, and travel are among top picks as business activity in the nation picks up pace.
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Maruti Suzuki, rising over 6%, was the top Sensex gainer followed by M&M, Bajaj Auto, NTPC, Reliance Industries and HDFC Bank
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Amid profit booking in IT, Pharma and FMCG stocks, Sensex & Nifty failed to uphold gains and closed on a flat note amid volatility.
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Of late, the initial public offer of Paras Defence and Space Technologies was subscribed 304.26 times
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If you consider an average earnings growth of even 10% and inflation of another 6%, then the PE would shrink further going further.
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"Markets still look in the positive trends, one must not bother about the weakness or volatility and stick with quality investments"
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Global energy markets are undergoing major shifts on the supply side as the energy transition accelerates.