I feel markets are pretty volatile, so I have chosen few low beta counters. First one is Torrent Power, one could buy this at 1633, stop loss is 1540 and target is 1720 to 1800. And second one is Eris Lifesciences, one can buy this at 1124, 1080 is the stop loss and 1200 is the target.
MF margins to face pressure; volumes to compensate: ICICI Pru AMC
ICICI Prudential AMC’s IPO is open for subscription, with Nimesh Shah expecting profitability pressures from growing AUM to be offset by falling unitholder fees. He