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Sitting on top of a sharp rally, market tends to be fragile; buying overvalued stocks a risk now: Seshadri SenThe market is falling on its own weight due to the fragility caused by the rally in Q4 of CY23. Specific companies that do not deliver are ...- Delhi HC seeks Centre, RBI response on PIL to form panel to probe Yes Bank transfer of stress assets portfolioA bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad, which did not issue formal notice on the plea, asked the aut...
- EMIs to remain low; buy G-Secs directly: What RBI announcements mean for youThe rates have been kept at a record low, and some of the current lending schemes have been extended to fuel growth.
- Maharashtra government to form Non-Banking Financial Services institutionCity and Industrial Development Corporation of Maharashtra Limited (CIDCO) has deposits worth Rs 7,146 crore.
- Bullish on SKS Micro and M&M Financial in NBFS space: Mehraboon IraniThird sector could be the NBFCs mainly because of the smart cities concept wherein NBFCs will have to play a role.
- Underweight on banking & financials: Principal Mutual FundWe have been underweight banking for the last 6 months because we did see margin compression.
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