Stocks in news: IndusInd Bank, Zomato, Saraswati Saree Depot, HCL Tech, Poly Medicure

August 20, 2024

The benchmark indices saw a flat closing on Monday with investors waiting for more triggers. Key focus areas were IndusInd Bank’s RBI nod for a mutual fund business, Saraswati Saree Depot’s 30% premium debut, and movements in Zomato, Poly Medicure, Motilal Oswal, Hi-Tech Pipes, Sapphire Foods, and HCL Tech shares.

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Nifty can cross 32K in 2026 bull case scenario: Kotak Securities

In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026,

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Sebi relaxes re-KYC process for NRIs; removes physical presence clause

Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India

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