Market expert Neeraj Dewan is optimistic about the defence sector’s long-term growth, highlighting budget allocations and export potential. He favors Garden Reach and Mazagon Dock for long-term investment, while advising caution on SCI and Cochin Shipyard due to geopolitical risks. Dewan anticipates consolidation in Asian Paints and suggests potential short-term gains, but expects sluggish medium-term performance.
NSE pays Rs 715 crore to settle pending Rs 1,491-crore co-location case ahead of IPO
NSE has paid the remaining Rs 714.74 crore to Sebi, completing the Rs 1,491.21-crore settlement of the long-pending colocation and dark fibre cases. The payment