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stock pick: Mileen Vasudeo on 2 pharma stocks to be on now

Mileen Vasudeo says: “Nifty is likely to head towards 22,300 to 22,500 levels. But yes, at lower levels like say 21,900, there is good support. Overall, the breadth of the market remains positive throughout the trading session. On the sector front, IT has really lifted the sentiments and the pharma pack is also looking good on the charts.” ....

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European ETF and ETC inflows soar 80% in 2023

Inflows into ETFs and ETCs skyrocketed in 2023, with the market closing the year with total flows of €143.9bn, an overall 80% rise from €79.8bn at the end of 2022. ....

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Market Hits New High on Robust Tax Data

Mumbai: Market rallied more than one per cent on better than expected earnings by IT companies Tata Consultancy Services (TCS) and Infosys as well as a stronger rupee and robust direct tax collection. ....

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it stocks outlook: How much positivity in IT stocks is already priced in? Apurva Prasad answers

Apurva Prasad says s that the IT pack has experienced a positive movement in the last two months. However, he believes that a significant portion of the improved outlook is already priced into the market, with PE multiples increasing by 20-25%. Prasad emphasizes the importance of operational performance and highlights that many companies, including larger ones, have the potential for margin improvement. ....

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M-Cap: Five of top 10 firms gain ₹1.99 lakh crore, Reliance Industries leads list

RIL adds ₹90,220.4 crore to market valuation, while TCS sees significant jump of ₹52,672.04 crore. ....

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