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TCS, SpiceJet, Bajaj Finance, Wipro, HUL, Hindalco, Coforge, and Engineers India led Friday’s market swings as IT, consumer, and energy stocks faced sharp volatility.
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Indian bond market participants say that the market will ​need further support, particularly via buybacks, ​to cool yields significantly, after government bonds surrendered the gains ​triggered by a surprise debt switch.
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U.S. stock index futures were trading flat on Friday after an AI-led ​selloff, with investors staying on the sidelines ahead of inflation data that could provide more clarity on the Federal Reserve’s rate-cut outlook.
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U.S. existing home sales tumbled to the lowest level in more ​than two years in January ​as falling inventory raised house prices.
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Realtors’ body Naredco on Friday said the government should promote affordable home segment and provide incentives for development of rental accommodation to achieve Housing for All and boost growth of real estate sector.
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