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Accenture ​forecast quarterly revenue below estimates ​on Thursday, as clients remain cautious on spending on large IT transformation projects amid ‌an uncertain ⁠economic ⁠environment. Shares of the Dublin, Ireland-based company ​were down 3% in premarket trading.
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Indian stock markets experienced a significant downturn on Thursday. The benchmark Sensex dropped by 2,497 points, closing at 74,207. Amid this sharp decline, five prominent stocks within the BSE Sensex index reached their 52-week lows.
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Gold prices fell to their lowest level in more than a month on Thursday, pressured by a stronger dollar and rising Treasury yields, while a hawkish U.S. Federal Reserve further dampened ‌bullion’s appeal.
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GIFT City is attracting global capital to India, with bond listings leading early success. Equity markets are poised to drive future growth, supported by new listing regulations. Sustainable finance is also gaining momentum, with global frameworks being adopted. The fund management sector is vibrant, facilitating both inbound and outbound investments. Commodity trading is also on the horizon.
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Japanese stocks ​and bonds fell on Thursday and the yen remained fragile ​as investors weighed the economic impact of the prolonged Middle East conflict.
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