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Indian equities are poised for a significant upswing, with Nifty projected to reach 29,000-30,000 this Samvat year, forecasting 15-20% returns. Experts cite improving liquidity, supportive policies, and reviving corporate earnings as key drivers. Financials, manufacturing, and consumer sectors are expected to lead the charge, while caution is advised for unlisted stocks.
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Dalal Street bulls have regained control, with Nifty and Bank Nifty poised for fresh highs. Technical Analyst Rajesh Bhosale views short-term corrections as buying opportunities, expecting Nifty to soon reach new uncharted territory. He highlights CDSL and Tata Consumer as top trading picks, citing strong momentum and healthy corrections respectively.
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European shares hit a fresh intraday record high on Monday, building on last week’s gains, as signs of easing trade tensions between the United States and China boosted risk appetite.
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Euro zone bond yields edged up to their highest in two weeks on Monday, as an apparent cooling in trade tensions between the United States and China drew investors away from safe-haven markets and into assets like equities and crypto.
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Japanese government bond (JGB) yields rose on Monday as signs of easing trade tensions between China and the U.S. buoyed risk appetite, prompting a sale of safe-haven debt.
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