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Sun Pharma anticipates revenue growth for fiscal year 26, building on an 8% increase in fiscal year 25. However, increased spending on marketing specialty products may impact profitability. Net profit declined in the March quarter due to higher taxes. The company plans to launch new drugs like Leqselvi and Unloxcyt.
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Banks' mutual fund investments jumped 91% year on year to Rs 1,19,863 crore as on March 21, 2025, from Rs 62,499 crore on March 22, 2024, data from the Reserve Bank of India (RBI) bulletin showed. Banks MF investments had grown 28% in the previous year.
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Several stocks, particularly in the BFSI sector, are showing bullish signals with increased open interest in the June series. PNB, Bank of India, Manappuram Finance, SBI Cards, and SBI are poised for potential breakouts. BSE is also exhibiting strong upside potential due to regulatory changes, while Inox Wind sees continued bullish momentum with high rollover rates.
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