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Vinit Bolinjkar of Ventura Securities, said it might look optically expensive in terms of valuations, but the margins are the best among its peers.
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Goldman Sachs maintains a ‘Buy’ rating on the stock with a price target of Rs 9,036 apiece.
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Market analyst has advised investors to keep 75% of the portfolio in large caps amid the ongoing rally
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Nifty 50 took just 20 sessions to surge 1,200 points from 16,000 to 17,200.
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Ami Organics is one of the leading R&D driven manufacturers of speciality chemicals with varied end usage.
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In early deals, Sensex was at 57,890.97, up 338.58 points or 0.59%, while Nifty advanced 82.95 points or 0.48% to a new high of 17,215.15.
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Shares of Maruti Suzuki India will be in focus today as the company has announced 60% production cut Owing to a supply constraint of semiconductors.
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India's real GDP grew by 20.1% in the April-June quarter of the fiscal year 2021-22, a record quarterly print on the back of low base.
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The Sensex climbed 57,500 mark for the first time ever on August 31, while the Nifty scaled 17,100 level.
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All sectoral indices on the NSE barring Nifty Media closed in the green. Sustained buying momentum across all sectors was witnessed.