Kotak Institutional Equities recommended a sell on Divi’s Laboratories with a target price of Rs 3025. The company recorded a weakness in the generic APIs which continues to weigh on the overall print, it said.
Indian benchmark indices opened flat and remained under pressure throughout the session. Analysts suggest the Nifty’s immediate bias remains down, targeting key support levels. The
Fairfax Financial Holdings plans to exit IIFL Finance to fund its IDBI Bank acquisition. The investor will use proceeds to part-fund the proposed takeover of
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