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The brokerage's large-cap picks include Bharti Airtel, ICICI Bank, Larsen & Toubro (L&T), Titan Company and UltraTech Cement.

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The Shapoorji Pallonji Group is seeking $150 million to $200 million through private credit as it faces mounting debt repayments and explores ways to unlock value from its 18.4% stake in Tata Sons. A proposed Rs 25,000 crore share buyout could provide the group with liquidity while allowing Tata Sons to remain privately held.

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Indian Hotels stock trades near the overbought zone with its RSI at 68.4. An RSI above 70 signals that a stock is overbought on charts.

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