Day

March 18, 2025
Religare Enterprises shares: In a stock exchange filing, the company stated that the review will cover Religare Enterprises Ltd (REL) and its subsidiaries—Religare Finvest and Religare Housing Development Finance Corporation.
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Foreign funds are expected to return to India as it remains the fastest-growing economy despite current better risk-reward opportunities elsewhere. The US consumer shows caution amidst inflation concerns and potential tariff impacts. The Fed might implement one rate cut this year, with more expected next year as the economy slows.
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In the Nifty pack, 46 stocks were trading in the green, while 4 stocks were trading in the red.
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Nilesh Shah, MD of Kotak AMC, highlights the performance of gold and the Nifty, noting gold’s potential for great returns. He discusses market fundamentals, recommending a neutral weight to equity with a preference for banking, financial services, and consumer discretionary sectors amid market corrections.
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JSW Holdings, AXISCADES Engg Tech, Blue Jet Healthcare, Sarda Energy and Kamat Hotels, hit their fresh 52-week highs at 11:10AM.
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