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State Bank of India reported its highest-ever quarterly net profit, surging nearly 25% year-on-year to ₹21,028 crore in the December quarter. This significant growth was boosted by one-time gains from SBI Mutual Fund dividends and foreign exchange benefits, alongside a 9% rise in net interest income.
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Religare Broking on Monday said it has appointed Vijay Kumar Goel as its managing director as the broking firm focuses on scaling its core broking business and expanding wealth product distribution offerings.
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The Indian rupee closed ‍a tad weaker on Monday, ​unable to benefit from a broadly weaker dollar in ⁠the face of corporate demand for the greenback over a trading session that was also marked by technical glitches.
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The April gold futures were trading around Rs 1,57,490 on the MCX, down 18% from their peak of Rs 1,93,096. On the COMEX, the gold rate hovered around the $5,049.30 an ounce mark, gaining $70 or 1.40%, intraday.
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European shares edged higher on Monday, tracking a rebound in global equities following a selloff last week, as investors also assessed ‌earnings from Italian ‌lender UniCredit and developments on the deals front.
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The ​Republic of Congo ⁠on Monday announced a tender offer ‌for ‌its outstanding ‌9.875% amortising notes due in 2032, according to ​a notice ​on the ‌London ‍Stock Exchange.
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Euro zone government bond yields were mixed ‍on Monday as investors ​were cautious at the dawn of a week ⁠packed with U.S. data, with Japan’s election outcome lingering in the background.
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U.S. equity markets are set for a sharp rebound ‍in IPOs in 2026, ​Goldman Sachs analysts said, forecasting proceeds quadrupling to a record $160 ⁠billion as marquee names such as SpaceX, OpenAI and Anthropic edge closer to public listings.
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Indian stock markets climbed on Monday, mirroring a global market rebound. The Nifty and broader indices traded higher, showing improved global sentiment and steady domestic participation. Experts suggest buying on dips, with Nifty support seen at 25,700 and targets around 26,000 to 26,100. The market shows a positive bias, though short-term volatility is expected due...
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