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In March and February, FPIs were net buyers at Rs 35,098 crore and Rs 1,539 crore after selling shares worth Rs 25,744 crore in January. On the net basis, they are still buyers at Rs 4,589 crore, so far in this year.
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Yes Bank Q4 Result: During the quarter ending on March 31, 2024, Yes Bank disclosed a standalone net profit of Rs 452 crore, marking a substantial increase of 123% compared to the Rs 202.43 crore reported in the same period the previous year. Furthermore, the bank's interest income saw a notable rise, reaching Rs 7,447.17 crore, a significant increase from Rs 6,216.24 crore reported in the corresponding quarter of the preceding fiscal year, reflecting a 20% year-on-year growth.
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The Ahmedabad-based company, which manufactures stainless steel cookware and appliances under brand DOLPHIN, has fixed the price at Rs 60 per equity share.
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Pharma is something that we are expecting to do reasonably well. Consumption is another segment and it is a very important part of the market, but consumption growth is clearly kind of subdued.
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But overall stock-specific action is clearly there in the market. The sectors which have already shown the breakout in the recent past are continuously showing the buying interest.
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