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Ranbir Kapoor has reportedly invested about Rs 15 crore in Prime Focus, acquiring 12.5 lakh shares at Rs 120 each following shareholder approval for a preferential equity allotment.
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Rahul Sharma of JM Financial Services suggests Nifty futures are range bound. A downward slide is expected, possibly reaching 25,200. Crossing 25,550 could bring fresh momentum. IT sector outlook remains cautious, awaiting TCS results. Banks and financials are expected to perform well. Jio Finance is a top pick for a short-term trading buy with a target of Rs 350.
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Regulator Ofcom says fewer second class deliveries will help Royal Mail cut costs.
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