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Dalal Street investors have lost a whopping Rs 51 lakh crore from their wealth since the West Asia conflict began late last month, with the BSE benchmark Sensex tumbling over 11 per cent during this time, as investors fled riskier assets due to the cascading effect of the war on crude oil prices and markets globally.
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Nifty may see a rebound from Wednesday as analysts spot hidden bullish signals, with short-term buy ideas on IPCA Labs and DMart offering up to 14% upside.
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Wall ​Street’s main ​indexes opened higher ​on Tuesday, as markets welcomed a report ‌signaling potential ⁠de-escalation in ⁠the Middle ​East conflict that has ​set the S&P 500 and the Dow ​on track ⁠for ‌their biggest ​monthly decline ​in years.
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