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Sebi Chairperson Madhabi Puri Buch on Friday said there is "no need" for the capital markets regulator to comment on the recent steep correction in small and midcap stocks.
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The state collected more in tax than it spent in January but the figures fell short of forecasts.
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Sandip Sabharwal is fully invested, favouring capital goods and infrastructure stocks like NCC and Ahluwalia Contracts.
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