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Tag: indusind bank

JK Lakshmi Cement shares in focus after receiving Rs 45.6 crore tax demand

JK Lakshmi Cement shares will be in focus on Wednesday after the company received a Rs 45.6 crore demand from the Income Tax Department for the assessment year 2022-23. The firm disclosed in a regulatory filing that it received the assessment order on March 18, 2025. “In the said order, the income tax officer has…

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Sensex, Nifty trade flat as investors eye US Fed decision

Indian benchmark equity indices traded flat on Wednesday as gains in metal stocks, following the government’s recommendation of a temporary tax on certain steel imports, offset losses in IT stocks ahead of the Federal Reserve’s policy decision. The BSE Sensex was trading 34 points, higher at 75,335. The Nifty50 was up 15 points, trading at…

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FY25 heading for worst ever equity selloff amid weakening rupee, sustained FPI secondary selling

An unabated outflow in the secondary market since October is likely to result in the worst ever annual equity selloff for FY25 in rupee terms by foreign portfolio investors (FPIs). They sold Rs30,015 crore worth of equities including primary and secondary markets in the first two weeks of March, taking the total outflow during the…

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Stocks to buy: IndusInd Bank, PC Jewellers and Mold-Tek on investors’ radar

Stocks to buy: IndusInd Bank, PC Jewellers and Mold-Tek on investors’ radar

Sensex recovered most of its losses to close marginally down in a volatile session on Tuesday even as private lender IndusInd Bank slumped 27 per cent and global markets declined on US recession worries. Stocks that were in focus include names like IndusInd Bank, which fell 27% and PC Jewellers, which gained 0.8% and Mold-Tek,…

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