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Following the transaction, HDFC AMC has increased its stake in LG Balakrishnan & Bros to 7.29% from 5.29% held earlier.
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Money Spinners: Read to know how the founder of Citrus Advisors became an investment manager and the lessons he has learnt over the years
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At open, Sensex fell 185 points or 0.35% to 52,316, while the broader Nifty 50 declined 58 points or 0.37% to 15,709
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DB Corp, HCG, Indostar Capital, Jammu & Kashmir Bank, Khadim, Kingfa and Power Grid are slated to announce their March quarter results on Thursday.
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Asian stocks traded mostly lower on Thursday, as investors watched for market reaction after the US Federal Reserve on Wednesday moved up
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Sona BLW Precision Forgings received bids for 24.43 crore shares as against 10.71 crore shares on offer, according to the stock exchange data
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The nifty Metal index lost the most tanked 2.85%, followed by Nifty Realty index plunging 1.26%.
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With a total net worth of $71.5 billion, Gautam Adani is the second-richest individual in the country after RIL's Mukesh Ambani
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Traders are advised to stay extremely selective while picking long bets and remain vigilant in case of any ambiguity
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Niteen S Dharmawat feels new investors are more informed and have entered the world of investing with long-term financial goals