“We expect the merger’s completion by Q1FY24 and a few stocks currently on our radar are Pidilite (PIDI), LTIMindtree (LTIM), Ambuja Cement (ACEM) and Tata Power (TPWR),” said Abhilash Pagaria, head, Nuvama Alternative & Quant.
US markets closed mixed as weak June jobs data cooled rate hike fears. Nasdaq fell on tech and chip stock declines, while the Dow rose
Chip stocks experienced a significant downturn, with major AI rally leaders seeing sharp profit-taking after a record quarter. The VanEck Semiconductor ETF plunged over 5%,
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