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Sanjay H Parekh of Sohum Asset Managers expects short-term weakness in Indian equities but remains bullish long-term, projecting Nifty at 26,000–29,000. Strong fundamentals, domestic sector focus, and earnings recovery from FY26–27 support the outlook.
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Bitcoin traded nearly flat around $111,500, consolidating in one of its tightest ranges in months with volatility at multi-month lows. Analysts expect a sharp move post-US Fed decision and September CPI data.
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Reliance Power and Reliance Infrastructure shares have fallen nearly 36% in three months, raising concerns about Anil Ambani’s corporate comeback. Legal cases, lender scrutiny, and profit volatility overshadow operational gains, leaving investors uncertain about the sustainability of the turnaround.
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Sandeep Tandon of Quant Mutual Fund sees India’s market setup as constructive, recommending continued exposure to IT, pharma, and FMCG. IT stocks may outperform over 6–12 months, while GST-led consumption and global demand support pharma and FMCG growth, backed by steady retail inflows.
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Indian equities extended their winning streak on Wednesday, with the Nifty notching a sixth consecutive day of gain, after U.S. President Donald Trump said his administration is continuing negotiations to address trade barriers with India
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