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Crude oil prices surged over 4% on MCX as geopolitical tensions in the Middle East disrupted supply expectations. Analysts expect continued volatility but maintain a bullish outlook, citing tight supply conditions. Religare suggests initiating long positions, with potential upside driven by sustained disruption in the Strait of Hormuz.
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Indian government bonds ended ​largely unchanged on Tuesday, as ​oil prices staying well above $100 per barrel kept the ​focus on macroeconomic risks and the market digested hefty debt supply.
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Leela Palaces Hotels and Resorts on Tuesday announced the acquisition of an ultra-luxury resort in Coorg, Karnataka.
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Market corrections, according to Cathie Wood, help restore balance in markets by promoting humility and discipline. She believes strong bull markets thrive on scepticism, not euphoria, as doubt prevents excesses. She says volatility is essential to long-term investing, encouraging rational decisions and healthier, more durable market cycles.
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