Sun, Oct 6, 2024 12:16 PM
IPOs to watch next week: A look at new public issues and SME listings
A Flip by Avya Verma
Authorities have seized MD drug and its raw materials valued at Rs 1,814 crore from a factory in Madhya Pradesh capital Bhopal, Gujarat Minister of State for Home Harsh Sanghavi said on Sunday. The joint operation was carried out by the Gujarat Anti-Terrorist Squad (ATS) and the Narcotics Control Bureau (NCB), Delhi, he said in a post on X.
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Private lender Bandhan Bank has announced a growth of 24.6% in its total business for the second quarter of the current financial year, as detailed in a recent regulatory filing with the exchanges. As of September 30, 2024, the bank's total business reached ₹2,73,163 crore, up from ₹2,19,712 crore in the same period last year. The bank's loans and advances stood at ₹1,30,652 crore.
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A correction in the market is confirmed, with a potential target of 23,650 and a possible fall to 23,050-22,900 levels in the next 88 days, driven by profit-booking and a shift from equity to debt and safe investments. In the next 45 days, volatility and corrections could provide excellent investment opportunities, so maintaining cash reserves is advisable.
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