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The rupee extended its descent for the third straight day and settled five paise down at 88.75 (provisional) against the US dollar on Monday, near its all-time low level, weighed down by a strong American currency and foreign fund outflows.
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Realty firm Shriram Properties on Monday said it will develop a housing project in Bengaluru with an estimated revenue of over Rs 350 crore.
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Euro zone government bond yields rose on Monday, after a two-week climb, as investors awaited U.S. data and tracked trade developments following a fragile truce between the U.S. and China.
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Helios Mutual Fund’s CEO Dinshaw Irani says the fund avoided the Lenskart IPO due to high valuations and limited growth visibility. Irani remains bullish on BFSI, platform companies, hospitals, and hospitality, but bearish on IT amid AI disruption. He prefers SBI among PSBs and avoids metals entirely due to cyclical risks and China’s dominant influence.
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Intellect Design shares rallied 10% as Q2 profit nearly doubled on strong platform and license-linked revenue, highlighting growing global adoption of its eMACH.ai fintech solutions.
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10 stocks experienced a decrease in institutional holdings in the September ’25 quarter compared to June ’25, according to StockEdge shareholding scans.
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Vodafone Idea share prices surged 10% to hit the upper circuit at Rs 9.60 after the Supreme Court clarified that the government can decide on relief for both additional and total AGR dues. The ruling eases investor concerns over the telecom operator’s massive liability burden.
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Hong Kong property developer New World Development has launched a debt exchange offer of up to $1.9 billion, aiming to restructure its outstanding perpetual securities, it said in an exchange filing on Monday.
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European stocks traded steady on Monday as a fresh wave of corporate earnings rolled in, including reports from LNG company GTT and Dutch firm PostNL, though shares of drinks maker Campari slid following a tax evasion probe.
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Pankaj Pandey of ICICI Direct provides a sector-wise outlook. He sees strong performance in automobiles, with M&M and Hyundai leading. The chemical sector, especially fluorochemicals, shows promise. Defence stocks, particularly PSUs like Bharat Electronics, are expected to sustain high growth. Titan’s jewellery business is set for steady growth, aided by softening gold prices and the...
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