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Did promoter stake sales suck out Rs 40,000 cr from the market? Pankaj Pandey answers
Pankaj Pandey analyzes the market's liquidity dynamics, stake sales' impacts on companies like Tata Chemicals, and the valuation uncertainties in tech stocks. He also discusses the potential of Blinkit, preferring stable businesses over evolving models like new tech companies. Pandey also says that they have lowered HDFC Bank target price to Rs 1,800.