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India’s benchmark indices closed higher for the third consecutive session, with Nifty above 25,000. KIOCL, Aditya Birla Lifestyle, Max Healthcare, Nykaa, and BSE led gains amid strong buying in IT, banking, and healthcare stocks.
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Trent’s standalone June quarter revenue grew 17% YoY to Rs 5,002 crore, supported by 53 new store openings. Profit rose 9% YoY, but shares fell 2.3% amid slowing growth.
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Gold prices skyrocketed by Rs 9,700 to scale a fresh peak of Rs 1,30,300 per 10 grams in the national capital on Monday, lifted by safe-haven buying in the overseas markets and depreciation in the Indian rupee.
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Farm Peace, an integrated contract farming company, on Monday said it has filed preliminary papers with BSE’s SME platform to raise funds through an initial share sale.
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Wall Street’s main indexes opened higher on Monday, building on last week’s gains, as AMD’s chip-supply tie-up with OpenAI became the latest in a series of AI deals and offset concerns around a prolonged federal government shutdown.
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