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Investors with very high risk appetite and want to invest for 5 to 7 years in a housing sector mutual fund should invest in Kotak S&P BSE Housing Index Fund.

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The company's consolidated net profit grew by 58.26% YoY to Rs 31.51 crore.

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The company's consolidated profit after tax exhibited an 86 % sequential drop from Rs 26.55 crore.

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Recommendation: Buy; Target price: Rs 2600

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On the sectoral front, Nifty PSU Bank stocks are trading with over 1% uptick.

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Recommendation: Buy; Target price: Rs 1632

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Recommendation: Buy; Target price: Rs 880

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Mindspace business has appointed Ramesh Nair as CEO, effective September 1.

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The board extensively assessed the proposition of acquiring Suzuki Motor Corporation's (SMC's) equity in SMG.

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