The Indian stock market has rallied 12% YTD, driven by renewed investor confidence in the Modi-led government's third consecutive term, FII inflows, and favorable macroeconomic indicators. Anand Rathi recommends two emerging picks for July 2024: 📌CONCOR with a target of ₹1,165-1,205 and SL of ₹965, and 📌ideaForge with a target of ₹932.5-965 and SL of ₹770, expecting gains in the next 30-90 days.
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Bank of Baroda's board of directors has approved raising additional capital of up to ₹7,500 crore through the issuance of AT1 or Tier 2 debt capital instruments, with an option to raise funds in India or overseas. The capital raising will be executed in tranches up to March 31, 2025, and beyond, subject to favorable market conditions.
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📌Steps to Check Emcure Pharmaceuticals IPO Allotment Status On the BSE Website: ✅Visit the BSE IPO allotment status page, ✅Select ‘equity’ as the issue type, ✅Choose ‘Emcure Pharmaceuticals’ from the ‘issue name’ drop-down menu, ✅Key in the IPO application number or your PAN number, ✅Click ‘search’ to view your allotment details.
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