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Elevation Cap to sell 1.3% Paytm stake

MUMBAI: Elevation Capital, an early backer of One97 Communications which owns fintech Paytm is selling about 1.3% stake in the company worth Rs 964 crore through block deals on Friday, the term sheet of the deal showed.The floor price of the offer, set at Rs 1,121 per share, is at a 3% discount to Paytm’s...
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Stock Recommendations For Today: Buy or sell: Stock recommendation by brokers for May 22, 2026

Goldman Sachs maintained its neutral rating on Jubilant Foodworks with the target price cut to Rs 460 from Rs 480 earlier. Analysts said that in the Jan-March quarter (Q4FY26) the company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) was slightly ahead of estimates due to Dunkin’ classification as discontinued operations.Analysts flagged near-term margin pressure...
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Stock Market Live Updates Today: Equities trade higher as BSE Sensex jumps over 420 points, Nifty trades above 23,770

Asian stock markets moved higher on Friday as optimism surrounding ongoing US-Iran negotiations supported investor sentiment, although rising crude oil prices continued to keep inflation worries alive. Market confidence remained upbeat for a second consecutive session amid hopes that diplomatic efforts could help restore stability to global energy supplies following weeks of uncertainty caused by...
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Sebi, NISM and IICA sign MoU to strengthen capital markets, focus shifts to governance and ESG

The National Institute of Securities Markets (NISM), established by the Securities and Exchange Board of India (Sebi), and the Indian Institute of Corporate Affairs (IICA) under the Ministry of Corporate Affairs have signed a Memorandum of Understanding (MoU) to strengthen corporate governance, ESG frameworks and capital markets in India.According to the Ministry of Corporate Affairs,...
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