Index of Industrial Production and Consumer Price Index data will be released on September 12.
Mannapuram Finance has picked Nucleus Software's Finone Neo Solution, which is a loan life cycle management product. Nucleus is a provider of lending and transactions banking solutions.
Jain says the midcaps are likely to outperform largecaps in near-term since there are huge valuations on midcaps which is expected to converge going ahead. BSE Midcap Index gained 0.7 percent and Smallcap rose 1.4 percent.
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