Trader’s Guide: 2 stocks ideas for 7-9% returns in near-term

The defence equipment stocks have been witnessing a lot of strength lately. Many of the stocks from the space that staged a breakout are presently consolidating which makes them an attractive buy. Investing near the breakout levels has the potential of decent upside.

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SBI Funds Management gets Sebi nod for IPO

SBI Funds Management, India’s largest mutual fund house, has secured SEBI’s nod for its upcoming Initial Public Offering, expected to launch early in July. The