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Nestlé India shares rose on a strong Q4 beat, with brokerages highlighting robust volume-led growth and margins, though most maintain neutral views given premium valuations despite positive earnings momentum.
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Donald Trump signalled that the United States may extend financial support to the UAE, including a potential currency swap arrangement. Discussions reflect rising concerns over regional tensions and economic risks. Such cooperation could strengthen bilateral ties, enhance liquidity support, and help stabilise financial markets amid ongoing geopolitical uncertainty in the Middle East.
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Apple Inc. enters a new phase as incoming CEO John Ternus bets on integrating AI into its ecosystem, with future growth hinging on execution in an increasingly competitive AI landscape.
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Persistent Systems shares fell up to 4% after Q4 results despite reporting strong earnings growth. Net profit rose nearly 34% YoY to Rs 529 crore for the March quarter, while FY26 profit climbed over 33% to Rs 1,865 crore. However, some brokerages cut estimates, weighing on sentiment and dragging the stock lower.
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BEML Limited shares jumped after winning a ₹590 crore defence order from the Ministry of Defence. The stock has gained strong momentum, rising ~21% in a month and delivering about 200% returns over three years, reflecting sustained investor interest.
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