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The US markets ended higher on Monday on stronger-than-expected home sales data and full regulatory approval of Pfizer’s Covid-19 vaccine.
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Shares of Chemplast Sanmar and Aptus Value Housing Finance will debut on the bourses today, 24 August 2021.
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The S&P BSE Sensex, advanced 226.47 points or 0.41% to 55,555.79 on Monday. The Nifty 50 index gained 45.95 points or 0.28% to 16,496.45.
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Mudit Goyal of SMC Global Securities is positive on SBI Life with a target price of Rs 1,170.
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CFDs allow traders and investors an opportunity to profit from price movement without owning the underlying assets
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Unlike benchmark indices, there was a sell-off in the broader markets as the BSE MidCap index declined 0.90% or 204 points to 22,475
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After adding over 450 points during the day, Sensex pared some gains to end 226.47 points or 0.41% higher at 55,555.79
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Shares of the Chemplast Sanmar are quoting at a premium of Rs 12 over its issue price of Rs 541 per share.
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Consolidation in markets was due after the long one way up-move; many stocks have gone up despite no fundamentals
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Satish Ramanathan, MD and CIO- Equity at JM Financial Asset Management, said there is a need to wait for the festive season to start.