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Axis believes that the said recovery will begin at the start of the new year and FY25 will show strong revenue growth. The brokerage has picked Coforge, Persistent Systems, and KPIT Technologies as its top IT sector picks post the December quarter (Q3FY24) results.
With this deal Smartworks' managed space portfolio in Delhi-NCR crosses 1 mn sq ft
Coming to the buildup of fresh short positions, When the stock prices move downward and open interest on the counter increases, it is taken as a sign of a short build-up.
Nippon India Growth Fund gave a CAGR return of 25.72 per cent in 5 years, thus letting an investment of ₹one lakh to grow to ₹3.14 lakh. Likewise, it would have grown to ₹7.08 lakh if the same investment were invested for one decade.
Around 70% of stocks in Nifty MidCap 100 and Nifty SmallCap 100 indices witnessed a rise in mutual fund stakes in December 2023 quarter, according to Ace Equities data.