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Investors bet big on cyclicals as economic recovery gathers pace

Sharper-than-expected economic recovery can fuel a further rally in domestic cyclicals, industrials, and financials as global central banks continue with their easy money policy. Illustration:......

Rakesh Jhunjhunwala rejigs portfolio in Q2; ups stake in Lupin, Tata Motors

The duo bought additional shares in pharmaceutical companies Lupin and Jubilant Life Sciences, along with Agro Tech Foods and NCC during Q2FY21. Stocks of pharmaceutical and fast moving consumer......

Jhunjhunwala's portfolio gained Rs 2618 cr in April-July

Among the lot, Rallis India, Escorts, Jubilant Life Sciences, and Crisil added half of the total gains made in the ace stock-picker’s portfolio. The value of investments made by ace......

Kotak to buy 15% stake in MCX for Rs 459 cr

Kotak Mahindra Bank has decided to buy a 15 per cent stake in Multi Commodity Exchange (MCX) for Rs 459 crore (Rs 4. 59 billion) from Financial Technologies India (FTIL). The deal values MCX at Rs......

Comexes comply with new FMC rules, rejig board composition

The regulator asked all exchanges to have half the board comprise independent directors. Anchor investors were to have board seats to the extent of equity held and the chairman must be an......

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Ace Commodity Exchange

News for Ace Commodity Exchange

Investors bet big on cyclicals as economic recovery gathers pace

Rakesh Jhunjhunwala rejigs portfolio in Q2; ups stake in Lupin, Tata Motors

Jhunjhunwala's portfolio gained Rs 2618 cr in April-July

Kotak to buy 15% stake in MCX for Rs 459 cr

Comexes comply with new FMC rules, rejig board composition

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