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buy on dips: Looking to buy Kotak Bank on further dip; tough to justify PFC & REC valuations: Sandip Sabharwal

Sandip Sabharwal discusses various market aspects including Kotak Bank s potential amidst a correction, private banking preferences, power sector insights, CVs sector observations, and the situation with Godrej Properties. He also comments on recent earnings performances in the IT sector. Sabharwal says: "This correction in Kotak Bank could possibly take it to levels where it becomes a buy candidate sooner than later." ....

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PFC-REC make further reduction in lending rates

State-owned non-banking financial companies, Power Finance Corporation (PFC) and REC Limited have further reduced their lending rates across all types of loans by 40 Bps. ....

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