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Axis Securities has given a buy call on JSW Energy with a target price of Rs 565. The brokerage believes that after recent price corrections and anticipated summer demand, the current price of Rs 524.65 offers a good entry point. The company reported a consolidated total income of Rs 2640.04 crore for the quarter ended 31-12-2024.
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Indian bond markets saw stable yields due to RBI’s liquidity infusion. Despite elevated money market yields, another rate cut is expected. Investors are advised to allocate to Short Term/Corporate Bond Funds. Geopolitical and macroeconomic uncertainties continue to influence global bond markets.
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The ongoing market correction has exposed weak corporate governance practices in several companies, leading to sharp declines in stock prices.
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