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Geojit Investments' Anand James suggests Nifty's pause is temporary, anticipating a rebound towards 25,200 if it holds above 24,850. He cautions a fall below 24,740 could trigger a deeper decline. He also anticipates Sensex volumes to remain unaffected by the expiry day swap. He recommends buying Engineers India and DCB Bank, setting specific targets and stop-loss levels.
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Investors have one last chance to buy HDFC Bank shares for the 1:1 bonus issue. August 26 is the record date for eligibility. This is HDFC Banks first ever bonus issue. Shareholders will get one share for each share they own. The bank reported a 12% rise in net profit for Q1FY26. Interest income and net interest income also increased.
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Karur Vysya Bank rewarded shareholders with a 1:5 bonus issue. The bank fixed August 26 as the record date for bonus share eligibility. Investors holding shares on that date qualified. This move reflected confidence and enhanced shareholder value. Bonus issues increased outstanding shares but reduced the stock price. Karur Vysya Bank shares closed flat at Rs 258.25 on the BSE.
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