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The index made a rapid recovery till April 30 as it added 4,250 points or 32%.
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Various mutual funds and LIC are expected to participate in the proposed share sale.
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鈥婯otak Institutional Equities has maintained add rating on Muthoot Finance with a target price of Rs 900.
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Stocks pulled back sharply late in the session after Federal Reserve Vice Chair Richard Clarida made downbeat comments about the depth of the economic contraction.
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The conversations between Reliance and Netmeds, which had also held talks with Walmart-owned Flipkart, had been going on before the coronavirus lockdown, sources said.
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General Atlantic manages $35 billion in assets across the world, and has been among the rare growth-stage funds to make several bets on fledgling companies in the domestic technology space.
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The government has mandated public sector and private employees who go to offices to download the app, as also people who are in the containment zone - localised areas where there is a Covid-19 positive case detected.
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Software services exporters including Infosys, Wipro, TCS and WNS have delayed pay increases and put promotions on hold, due to the uncertainty over business growth across their key markets in the wake of the Covid-19 virus outbreak. CSS Corp has also paid 100% of variable salary to the bulk of its employees.
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The Aarogya Setu app, which was developed by the government to track those with the disease and alert people about their proximity, has given rise to fears of surveillance by the state as well as the security of the personal data that a user needs to fill in after downloading it.
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Paul, who also heads the medical emergency management plan on Covid, tells ET in an interview that the third phase of the lockdown should be seen as the country鈥檚 strategy of rational, gradual and cautious step-wise de-escalation of the lockdown.
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Xiaomi India head Manu Jain has said that there may be an anti-China sentiment among people at play, but expects things to normalise over time and doesn鈥檛 see any meaningful impact on its business, with smartphone demand expected to pick up only in the second half of 2020.
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Makers of iphone & Xiaomi phones get requisite permissions from state authorities in South
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Era after the Covid-19 is thus likely to feel much like the era after the crisis of 2008
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The 20-DMA of the index is around 9,052 which should be a good support.
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Equities had bottomed out at 7-8 times of forward earnings during the crisis in 2008.
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Edelweiss has maintained buy rating on Coal India with a target price of Rs 160.
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U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns about the latest U.S.-China tensions and downbeat sentiment from the annual meeting of Warren Buffett's Berkshire Hathaway.
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