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2025-06-18 06:40:48| The Economic Times

IndusInd Bank shares rose up to 3.9% after Nomura upgraded the stock to buy and raised its price target by 50% to Rs 1,050, citing improved governance, a cleaned-up balance sheet, and a stronger earnings outlook. The new target implies a 30% upside. Nomura also noted the banks efforts to resolve legacy issues and improve transparency.

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2025-06-18 05:41:28| The Economic Times

Indian market is expected to consolidate, mirroring mixed global signals, after Nifty50 closed lower. Technical analysis suggests a sideways trend with key resistance at 25,000-25,170 and support at 24,700. Experts recommend buying Chambal Fertilisers, Asahi India, Indus Towers, PB Fintech, Tata Elxsi, and Supreme Industries for short-term gains.

Category: News and Media

2025-06-18 05:30:00| The Economic Times

India's economic resilience shines in early 2025, with robust GDP growth fueling optimism. Anand Rathi Advisors' CEO, Samir Bahl, anticipates a normal monsoon will boost rural demand, benefiting FMCG, auto, and agriculture sectors. The RBI's liquidity measures are expected to spur consumption and private investment.

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