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Anurag Singh observes an “everything rally” across asset classes, driven by anticipated central bank rate cuts and signs of geopolitical stability. He remains optimistic about India’s domestic market resilience, advocating for a 70-30 equity-debt portfolio. Singh expresses caution on gold and Bitcoin, favoring traditional equity and bond investments.
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MosChip Technologies launched AgenticSky, a suite of Agentic AI accelerators designed to help OEMs develop adaptive, autonomous, and trust-driven products for machines, devices, and edge systems. The platform reduces development cycles by up to 40% and offers reusable cores for visual intelligence, human-machine interaction, device optimization, and wearables, providing a scalable framework for next-generation AI-powered product innovation.
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HSBC will acquire the remaining 36.5% stake in Hang Seng Bank for HK$106.1 billion, reinforcing its Hong Kong presence despite rising bad loans and near-term capital ratio pressures.
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SpiceJet shares saw a sharp uptick on Thursday following announcements of network expansion and winter flight operations. The low-cost carrier is launching new routes to popular destinations like Port Blair and Udaipur, alongside special Diwali flights to Ayodhya. This expansion, including fleet growth, aims to capitalise on seasonal demand and enhance domestic connectivity.
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India’s internet stocks, led by Ixigo, CarTrade, and Nykaa, have surged up to 80% in three months on earnings recovery and strong revenue growth. Analysts highlight improved profitability, business diversification, and favourable macro trends, though caution that recent rallies are not risk-free. New-age stocks head into the earnings season on a strong note following a rating upgrade from JM Financial.
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