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Indian government bonds came under ​heavy selling pressure this ​week as oil prices soared, though the benchmark 10-year bond ​showed resilience, supported by likely robust purchases by the central bank.
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India’s ​National ​Bank for Agriculture ​and Rural Development (NABARD) plans to raise 80 billion ‌rupees ($866.12 million) ⁠through ⁠the sale of ​bonds maturing in three years and ​four months, three bankers said on ​Friday.
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Adobe’s stock dropped significantly following the announcement of CEO Shantanu Narayen’s retirement. This leadership change comes as the company navigates the evolving landscape of AI in software. Investors are watching closely to see how Adobe adapts to these technological shifts.
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Indian equities are suffering their worst month since the Covid crash as the Iran war, $100 crude and heavy FII selling hammer sentiment. Despite the slide, fund houses like Bajaj Finserv AMC and Axis Mutual Fund say strong earnings and resilient fundamentals in India may steady markets once geopolitics stabilise.
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Metal stocks, including NALCO and Hindustan Copper fell sharply on Friday as a surging US Dollar Index and ongoing Iran–Israel/US conflict dented demand. Analysts advise caution, noting that global commodity prices and infrastructure trends will shape near-term metal sector performance.
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