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Wall ​Street’s main ​indexes opened higher on ​Friday after Iranian Foreign Minister Abbas Araqchi said the ‌Strait ⁠of ⁠Hormuz was open ​following a ceasefire accord agreed in ​Lebanon.
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Several Indian stocks hit new 52 week highs with monthly gains led by Bharat Heavy Electricals and Nippon Life India Asset Management alongside Sona BLW Precision Forgings Laurus Labs NMDC NLC India Steel Authority of India National Aluminium Company Cummins India and Aurobindo Pharma
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Trent Ltd on Friday informed the exchanges that its board will meet on April 22 to consider a bonus issue of shares to investors, subject to approval of the shareholders. The company will also declare financial results on the same day.
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Central banks like the Federal Reserve control market direction through liquidity. Abundant money fuels asset prices, while tightening liquidity can stall markets. Even strong company earnings may not boost stock values when money is scarce. Investors should monitor central bank actions and liquidity flows for market insights.
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