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Hemang Jani believes market volatility presents a buying opportunity, particularly in midcaps and smallcaps. Kotak Bank is expected to see strong growth after RBI lifts restrictions, similar to Axis Bank's performance post-relaxation. Market skepticism towards Jio persists due to a lack of concrete execution and growth numbers, unlike companies like Bajaj Finance.
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Kotak Mahindra Bank's shares rose after the RBI lifted restrictions on issuing new credit cards and opening accounts through online or mobile banking. Banks, including HSBC, JP Morgan, Morgan Stanley, and UBS, positively view the development, predicting enhanced customer acquisition and improved financial performance.
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News and Media
US inflation increased by more than expected last month, pushing up the cost of living for Americans.
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News and Media
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