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Pace Digitek shares gained attention after Morgan Stanley bought 12 lakh shares and Arihant Capital initiated coverage with a Buy rating, citing strong growth potential in Indias renewable and telecom infrastructure sectors.
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News and Media
Dabur India announced that recent GST reforms cutting rates on key FMCG categories from 1218% to 5% will boost affordability and consumer demand. Around 85% of its portfolio now falls under the 5% tax slab, covering core segments like oral care, hair oils, shampoos, juices, and OTC products. The company plans to pass on these benefits to consumers.
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Top 10 IPOs debuting tomorrow saw mixed investor response. Infinity Infoway, Advance Agrolife, and Sheel Biotech led with high subscriptions and GMPs, while several others recorded flat or muted market interest.
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News and Media
15 stocks across sectors with potential upsides of up to 25%.
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Investors are closely watching the technology sector as TCS kicks off earnings season, with IT stocks at four-year lows despite currency depreciation. Healthcare, particularly hospitals, shows strong growth prospects driven by rising disposable income. Banking and financial services, including PSU banks like SBI, remain resilient, while fashion retail sees mixed momentum with Arvind Fashions poised for margin recovery.
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News and Media
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