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Stock market | Sensex climbs over 250 points on buying in Reliance Industries, M&M

Stock market | Sensex climbs over 250 points on buying in Reliance Industries, M&M
telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.

Ahead of Market: 10 things that will decide D-Street action on Saturday

Ahead of Market: 10 things that will decide D-Street action on Saturday
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Mutual funds take Rs 10,000 crore contra bet on sleeping giants Kotak, HDFC Bank

Mutual funds invested Rs 10,000 crore in Kotak Mahindra Bank and HDFC Bank in April, despite their decline in Nifty rankings. Fund houses like HDFC MF, SBI MF, and Axis MF raised bets on HDFC Bank, while Kotak Mahindra saw buying from Nippon India MF and others. The investments were based on data from Prime Database.

HDFC to allocate 6-7% of its budget for IT expenses

India Business News: HDFC Bank's Parag Rao announced 6-7% IT expenditure allocation, focusing on capital and operating costs. The Pixel card for young customers launched v

PSU stocks valuation: ETMarkets Fund Manager Talk: Valuation of PSU stocks aren t as attractive, says Franklin Templeton s Akhil Kalluri

Akhil Kalluri, VP at Franklin Templeton, discusses PSU stocks, retail liquidity impact, and broader market valuation risks. He also comments on tech stocks, consumption names, and industrial sectors performance in the March quarter. Kalluri points out that the aggregate topline & EBITDA growth for Nifty 50 names in 4QFY24 so far are relatively muted, in high single digits.

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